Home Sales Archive

In Which States Did Properties Sell Most Quickly in December 2017?

Amid strong demand and tight supply, REALTORS® reported that properties that sold in December 2017 were typically on the market for 40 days in November 2017, down from 52 days compared to the same month last year, according to...

How Many Home Sales Will be Affected by a NFIP Lapse?

The National Flood Insurance Program (NFIP) must be periodically reauthorized by Congress in order to continue issuing or renewing flood insurance policies.  In 2010, multiple lapses in program authority brought uncertainty and caused major issues for homeowners in neighborhoods...

Home Sales for May 2017: Raw Count

Simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income and helps better assess how busy the market has been. Existing home sales increased 1.1 percent in May from...

Sellers’ Markets: Where Do Sellers Get What They Ask?

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that...