Existing Home Sales Archive

A deeper look at the latest Existing Home Sales data

Last week, NAR released a summary of existing home sales data showing that existing home sales declined again for the sixth time in seven months. February showed a decrease in sales of 0.4% from last month and 7.1% from...

January EHS Release: Existing Home Sales Drop While Prices Rise

Last week NAR released a summary of existing home sales data showing that existing home sales will start the 2014 year off with the slowest pace in 18 months. January showed a decrease in sales of 5.1% from last...

A closer look at the latest EHS release

Taking a closer look at Existing Home Sales price data reveals an interesting trend going on in the market… As shown in the chart below, while sales in the lower home-price tiers are falling, sales at the upper end...

Whither the Weather [Extended Blog Entry]

Whither the Weather The weather is getting a lot of attention for driving the pending results in December. But how do we know that the weather was responsible for the slip in contract signings as opposed to other market...

Whither the Weather

The weather is getting a lot of attention for driving the pending results in December.  As an agent, you know how snow can keep you and buyers from home showings, but how do we know that the weather was...