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Affordable home prices help boost existing home sales in most states

Dennis Norman

According to the latest report released today from the National Association of REALTORS(R), existing-home sales in the second quarter showed healthy gains from the first quarter in the vast majority of states. 

Existing home sales (including single-family homes and condos) by state rose 3.8 percent to a seasonally adjusted annual rate of 4.76 million [...]

Housing Affordability….the silver lining?

By: Dennis Norman

Today the National Association of Home Builders released their most recent Housing Opportunity Index (HOI) which showed that an increasing number of potential homebuyers in the US can afford to buy a home.  As a result of decreasing prices and attractive interest rates (two of the factors the index takes into account) affordability [...]