Investor-Owned Home Sales Reach Highest Levels in Decades
In This Article Real estate investors are eschewing the tried-and-trusted strategy of buying and holding assets for the long term and jettisoning their rental properties to escape a softening market, according to a new report from Realtor.com. Data from Realtor.com’s Investor Report showed that about 11% of all homes sold in the U.S. last year […]
September saw a 1.1% increase in pending home sales – Real Estate Investing Today
According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to […]
The proportion of new home sales completed in cash increased significantly in the third quarter of 2023
According to recent analysis conducted by NAHB’s Eye on Housing, the proportion of all-cash sales in the new home market significantly increased in the third quarter of 2023, while the share of VA-backed sales declined by almost half. The report also highlights that although cash sales only make up a small portion of new home […]
In September, there was a notable increase of 12.3% in new home sales.
According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales […]
September saw a 2% decline in the sales of existing homes, according to authentic data.
The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago, […]
Top Fast-Food Chains Based on Sales Figures
According to The Daily Infographic, fast-food chains have become a significant part of American culture with a wide variety of options for everyone. The infographic ranks the most popular chains based on their average sales per store. Chick-fil-A takes the top spot, known for its efficiency and crowded lunchtime lines. Check out the infographic for […]
MedMinder, announces expansion of its corporate headquarters in Norwood, MA.
This expansion is a testament to MedMinder’s continued success and commitment to improving medication adherence and patient outcomes. With the new space, the company will be able to further enhance its operations and support the development of new technologies to better serve its customers. The decision to expand in Norwood was a strategic one, as […]
The August report reveals a decline of 8.7% in new home sales.
According to the U.S. Government, new single-family home sales in August 2023 were at a seasonally adjusted annual rate of 675,000, which is 8.7% lower than the revised rate for July and 5.8% higher than the previous year. The median sales price for new homes sold in August was $430,300, with an average sales price […]