NAR: Buyer traffic up 29% from a year ago

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NAR’s report noted that properties stayed on the market for 37 days in February, which is down from 41 days in January and 45 days a year ago and 46% of homes sold last month were on the market for.

The National Association of Realtors. time buyers also accounted for 29% of all sales. Sales of single-family homes fell 3.7% from September to a seasonally adjusted annual rate of 4.75 million, up.

It will take around 3.5 months to deplete the current supply of homes in the market, down from 3.9 months in January but up from 3.4 months a year ago. First-time buyers accounted for 32% of sales.

December sales reverse a sharp decline in November, the first in over a year, which the NAR attributed to processing. The percentage of first-time buyers increased to 32% in December, up from 30%.

Working with Buyers - Don't Waste Your Time! In the words of NAR. year period. It will take around 3.5 months to deplete the current supply of homes in the market, down from 3.9 months in January but up from 3.4 months a year ago. First-time.

Get the latest and most comprehensive real estate statistics, forecasts, home buying market in full force this year, making up 42 percent of shoppers, area based on online traffic on active, for-sale properties on

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Supply is also up from 1.52 million a year ago. Home prices are. chief economist at the NAR. "Moderating home prices combined with gains in household income will boost housing affordability,

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Most mortgage rates stood pat today, though for home buyers in search of larger loans, there was some good news: rates on 30-year fixed jumbo loans dropped 3 basis points (a basis point equals 1.

up 12.6% from a year ago. Lawrence Yun , NAR chief economist, said tight inventory is a problem and, as a result, "We’ve transitioned into a seller’s market in much of the country." "Buyer traffic is.

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After falling for three straight months, existing home sales reversed course in September, posting an increase, according to the latest report from the National Association of Realtors. Total.