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Scam Alert: There's No Such Thing as a Free Energy Audit |
Don't accept a free energy audit often perpetrated by scammers hoping to make off with thousands of dollars. |
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New Home Sales Tumble in August but Still Top Projections |
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Sales of new single-family houses in August slipped 7.6 percent, but remain above monthly projections, according to new results from the Commerce Department. Single-family home sales were at a seasonally adjusted annual rate of 609,000, soaring 20.6 percent above the August 2015 estimate of 505,000. So what are homes selling for? According to the study, the median sales price of new houses sold in August 2016 was $284,000. The average sales price was $353,600. The seasonally adjusted estimate of new houses for sale at the end of August was 235,000. Currently there is a steady home supply of 4.6 months. This new data shows that although sales took a small tumble ...
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