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Sales of existing homes slid 1% from November to December, though sales are expected to move higher this year. Existing Home Sales fell 1% from November to December to a 3.78-million-unit annualized pace, coming in below estimates of an unchanged reading per the National Association of Realtors (NAR). Sales were also 6.2% lower than they were […]

December 2023 Existing Home Sales – Likely the Bottom as Mortgage Rates Decline and Sellers Enter the Market

Market Update

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January 2024 After several months of low sentiment from home builders, January has finally seen a turn of the tide, according to the National Association of Home Builders monthly index. While still not quite feeling overly optimistic about the future, we did see a 7 point increase from home builders and the first monthly increase […]

Home Builder Confidence is Up

Market Update