Housing Market Hits 16-Year Sales Low: What Buyers and Sellers Need to Know Now
ARIZONA, JUL 13 – Arizona Realtors emphasize certifications as market cools with mortgage rates near 7%, increasing inventory and opportunities for buyers, the National Association of Realtors reports.
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First Coast housing market continues shift in favor of buyers in June
The shift toward a buyer’s market in home sales is continuing in the six-county First Coast region as single-family home sales declined in June, according to the Northeast Florida Association of Realtors (NEFAR). There were 1,963 closed home sales last month in the region, a downturn in both the year-over-year and monthly comparisons. June’s figure is down by 2.2% from June 2024’s tally of 2,007 closed deals and is down 3.5% from May’s sales num…
Housing market hits 16-year sales low: What buyers and sellers need to know now
The days of frenzied bidding wars and offers well above asking price may be coming to an end as the housing market shows signs of cooling down.Home sales across the country have slowed to their lowest pace in 16 years, according to the National Association of Realtors. Sales during what's typically the busiest time of the year are down 0.7 percent compared to the same time last year.Crystal Dow, who is looking for a home in New York's Westcheste…
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