Home Sales Archive

Cash Sales Increase

According to information in the latest Realtors® Confidence Index, cash sales were 31 percent of residential sales in February. The high preponderance of all-cash sales appears to be due to a number of factors: Unrealistically high loan underwriting standards,...

Sales Improve on Washington’s Periphery

According to data from Metropolitan Regional Information Systems (MRIS), the multiple listing service (MLS) which covers much of the Middle-Atlantic region, and Real Estate Business Intelligence (RBI), a Maryland based group that specializes in MLS data reports, new pending...

Housing Recovery Helps Retail Sales

The recovering housing market is showing some impact in the retail sector.  Furniture stores are reporting an 11 percent increase in sales recently from a low point two years ago.  A stronger 22 percent in gains are occurring at...

Seasonal Patterns in Home Sales Data

It comes as no surprise to those in the real estate industry that there is a seasonal pattern to home sales data. This concept is also easily understood by those outside of the industry who can picture families with...

Michigan and Auto Sales Recovery

Michigan has not fared well in the past decade.  The state experienced not a one or two-year economic recession like most states, but ten straight years of economic depression-like conditions.  However, several recent data releases are pointing toward a...