Existing Home Sales Continue Upward Trend in 2017

Existing Home Sales Continue Upward Trend in 2017

Sales of existing single-family homes in January increased by 6.5% when compared to numbers sold in January one year ago. There were 163 single-family home resales in January 2017 and 153 resales in January 2016. The latest numbers show that annualized rate of sales was 3,055 in January. ┬áThat is 7.2% above the annual rate […]

Single-Family Resales Climb in April, Prices Headed Up

Single-Family Resales Climb in April, Prices Headed Up

Sales of existing single-family homes increased in April when compared to sales in April one year ago. There were 291 single-family home resales in April. That is a 13.6% increase over the 256 homes sold in April, 2015. The latest numbers contributed to an increase in the annual rate of resales which came in at […]

Real Estate Resales Headed Up Again

Real Estate Resales Headed Up Again

March numbers for single-family home resales show that the annual-rate of sales is on the rise again. There were 2,892 single-family units sold over the previous twelve months. As the chart below indicates, resales crossed the 2,800 unit threshold last July and has held steady since that time, however resales are on the rise again. […]

Will Residential Real Estate Continue Momentum into 2016?

Will Residential Real Estate Continue Momentum into 2016?

Over the last three years the resale of residential real estate has been a bright spot in our local economy. Double digit increases in transactions during this period has been the norm. In addition, prices for single-family homes has continued to see modest increases. For example, the average sale price of single-family homes in Leon […]