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| Sponsored by Quicken Loans |
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| Existing-Home Sales Keep Up Momentum in November |
| By RISMedia Staff |
Existing-home sales kept up momentum in November, climbing 1.9 percent to 5.32 million, the National Association of REALTORS® (NAR) reports. On an annual basis, however, sales were sluggish: 7 percent lower than in November 2017. In an improvement, inventory rose to 1.74 million year-over-year, according to NAR; last November, inventory totaled 1.67 million. Across all house types (single-family, condo, co-op and townhome), the median price was $257,700, a 4.2 percent increase from the prior year. The median price in the single-family space was $260,500; the condo median was $236,400. "The market conditions in November were mixed, with good signs of stabilizing ...
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(TNS)—Most homeowners want to own their homes free and clear. For some, that means using a raise, inheritance or savings
