The thread that ties these metros together is affordability — something that buyers have struggled to find over the past few years as supply has failed to meet demand.
Pending home sales drop to lowest level since 2014
The National Association of Realtors’ Pending Homes Sales Index fell 7.7 percent year-over-year in November, marking the 11th straight month of annual decreases.
Pending home sales rise modestly in September: NAR Index
The Pending Home Sales Index rose 0.5 percent from August to September, but remained down year-over-year for the ninth-straight month, according to NAR.
Home sales in California have fallen for 4 months straight
Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal…
Here’s where sellers made the biggest profit on their homes
Homesellers are reaping the benefits of steadily skyrocketing home prices, especially on the West Coast, according to a new report from Zillow.
New home sales climb 6.7% after last month’s drop
New home sales climbed 6.7 percent month-over-month to a seasonally adjusted total of 689,000 in May.
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