Home Sales Archive

64 Percent of Contracts are Settled on Time

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®: “In the past 3 months, think of your most recent sales contract that either went into settlement or terminated. Please explain how the deal concluded.”. Among contracts during the...

Properties Typically Sold Within 39 days in April 2015

Amid tight inventory in most states, properties that closed in April 2015 were typically on the market for a relatively short period of time at 39 days (52 days in March 2015; 48 days in April 2014)[1], according to...

Case Shiller Price Index (February 2015)

Today, Case Shiller released their housing price index data for February 2015 which showed that house prices rose 4.8 percent from February one year ago for the 10-city composite vs. 4.3 percent in January and 5.0 percent for the...

Home Inspection Issues: Major Reason for Contract Terminations

In the February 2015  REALTORS® Confidence Index Survey, NAR asked  REALTORS® what problems they encountered in their most recent contract that either went into settlement or was terminated in the past 3 months.    Among contracts that were terminated...

In What States Do Properties Sell Quickly?

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®  “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s...