Wednesday, February 19, 2020
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Tired of paying your landlord's mortgage?
Take the necessary steps to purchase your own home by filling out our simple step by step application.
 

Existing Home Sales Hit 2-Year High

Mortgage News > Existing Home Sales Hit 2-Year High
Date: 01/21/2020    Existing Home Sales Hit 2-Year High

Sales of existing U.S. homes rose 3.6% in December to an adjusted annual rate of 5.54 million, the highest level since early 2018, according to the National Association of Realtors. The median sales price climbed 7.8% to $274,500 from a year ago and prices are likely to continue to rise as demand surpasses supply. Inventory is 8.5% below last year’s levels. Low mortgage interest rates have helped to keep homebuying affordable as prices have increased.

back