Bell-Meyer brings with her over 10 years’ experience working with chambers of commerce and economic development initiatives.
WASHINGTON—Existing-home sales grew in November, breaking a streak of five consecutive monthly declines, according to data released on Dec.
NAR sees green shoots and predicts an improving market in 2024, with four rate cuts to calm inflation and settle mortgage rates near 6%.
Although each has a unique view, all agree the residential real estate market in the Hudson Gateway Association of Realtors market area will improve in 2024.
Pending home sales dropped 1.5% in October, the lowest level since NAR started tracking pending sales more than 20 years ago. But a turnaround could be sight.
Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the third quarter, with year-over-year price appreciation of 1.7%. Prices also grew 5.3% in the Northeast, 5.2% in the Midwest and 0.6% in the West.
WASHINGTON—Pending home sales rose 1.1% in September, according to the National Association of Realtors. The Northeast, Midwest and
National Association of REALTORS® Chief Economist Lawrence Yun believes that better times are ahead for the real estate market in 2024.