Existing Home Sales Reach Highest Mark Since 2007 INFOGRAPHIC

Dated: 02/24/2017

Views: 144

Image title


  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.

  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.

  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home." 

Blog author image

Ron Harmon | Designated Broker

As a dedicated real estate broker I have helped over 500 families purchase or sell their home and I am qualified to guide you through buying or selling a home. Buying or selling a home is one of t....

Latest Blog Posts

7 Factors To Consider When Choosing A Home To Retire In

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available

Read More

Housing Market Expected To Spring Forward This Year

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory 

Read More

Mortgage Rates On FIRE Home Prices Up In Smoke

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.What impact will rising rates

Read More

2 Ways To Get The Most Money From The Sale Of Your Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?Here are two keys to

Read More