Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006

WASHINGTON (January 22, 2021) – Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity in the major regions was mixed on a month-over-month basis, but each of the four areas recorded double-digit year-over-year growth in December. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales,…

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California housing market ends year on high note as sales continue strong in December and median price reaches another record high, C.A.R. reports

California housing market ends year on high note as sales continue strong in December and median price reaches another record high, C.A.R. reports – Existing, single-family home sales totaled 509,750 in December on a seasonally adjusted annualized rate, up 0.2 percent from November and up 28 percent from December 2019.– December’s statewide median home price…

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Home Equity Gains in 2020

CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals U.S. homeowners with mortgages have seen their equity increase by a total of $1 trillion since the third quarter of 2019! 🤩 💰The average homeowner gained approximately $17,000 in equity over the past year, with a 10.8% increase in equity over last year.…

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