
Articles
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1 week ago |
activerain.com | John Pusa
On May 8, 2025, National Association of Realtor (NAR) reported on nationwide existing home sales values higher 3.4% to a median single family home price was $402,300 at the end of 1st quarter of 2025, from the end of 4th quarter of 2024, and up 4.8% from 1st quarter of 2024. Regionally, home sales in the South jumped 44.9%, in the Northeast rose 10.3%, in the Midwest increased 5.2%, and in the West gained 4.1% in the 1st quarter of 2024 from 1st quarter of 2025.
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1 week ago |
activerain.com | John Pusa
On May 1, 2025, Realtor.com reported the active listing inventory of homes in the Midwest increased 18.7% in April of 2025 from April 2024; while new listed homes higher 5.2% in April of 2025 from April of 2024. The median list price of a home down 1.6% in April of 2025 from March of 2024, and houses stayed 1 day more in the market in April of 2025, from April of 2024 in the Midwest.
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1 week ago |
activerain.com | John Pusa
On April 17, 2025, Allaire Conte published a very good interesting report on Realtor.com about homebuyer need to know about closing costs and hidden fees. 1.What are closing costs? 2. How much are closing costs? 3. What’s included in closing costs? A line-by-line breakdown,4. Are closing costs tax-deductible? 5. The hidden and overlooked fees no one tells you about,6. Special considerations: Co-ops, condos, and HOAs,7. What if you can’t afford closing costs? 8.
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1 week ago |
activerain.com | John Pusa
On April 10, 2025,The National Association of Home Builders (NAHB) Remodeling Market Index (RMI) fell five points to 63 points in the 1st quarter of 2025 from 63 points in the 4th quarter of 2024. The current market conditions index declined 4 points to 71 points in the 1st quarter of 2025 from 75 points in the 4th quarter of 2024. The major additions and alterations dropped 11 points to 64 points in the 1st quarter of 2025 from 75 points in the 4th quarter of 2024.
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1 week ago |
activerain.com | John Pusa
On April 30, 2025, The Realtor.com reported nationwide median weekly housing trends for the week ending April 26, 2025. Total available listings jumped 31.6% for the week ending April 26, 2025, from the same period of time in April of 2024. Time on the market increased 3 days for the week ending April 26, 2025, from the same period of time in April of 2024. Median listing prices gained 0.5% for the week ending April 26, 2025, from the same period of time in April of 2024.
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