Home Sales Stall; Sellers Need to be Realistic

Home / Blog / Home Sales Stall; Sellers Need to be Realistic

Posted To: MND NewsWire

This one might smart a bit. There were big hopes for home sales in April, with interest rates continuing at unexpectedly low levels, unemployment at a 50-year low, and the spring market supposedly in full swing. Analysts polled by Econoday expected that the existing home sales number would jump from the annual rate of 5.210 million sales in March to a consensus of 5.350 million, with some forecasting as high as a 5.400 million rate. Instead, the National Association of Realtors® said existing home sales ticked down even further, adding to the 4.9 percent month-over-month decline in March. Pre-owned single-family homes, townhomes, condominiums, and cooperative apartments sold at a seasonally adjusted annual rate of 5.19 million in April, down 0.4 percent from March. The year-over-year gap...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

0660bec7 6aa8 4424 9479 6625014a5fd5 6f0d8351 8834 4130 a438 0316382dd877 c32a54f5 9d35 40f2 b65b 33b724e9364a a96b2278 6e3d 46dc b870 51f9ceef234c 7ca6b936 3776 41f8 9d36 a7f0647dfe39 6fbc62f2 98cb 4d2f b974 ec61ced64c30 0540d48f 0ab5 48d6 8618 2f7bdf61f8e8 82a370d3 d1af 4b83 aec8 ca500617f389 5ba5cd67 bcab 40df a0a2 ea2d103bcb20 a91f4c6c 8fe1 4847 8373 17b1e17c57ed 32d3486e cbb9 4ef2 9dd9 73b9d849434d d5e8a6a7 8a47 4db7 a6b8 5f81a2219b83 e8ef8487 de60 420f 8eb1 15a744148199 dcf42e07 5ae0 49e1 a08b d7e80b891a3f 07feaa39 73e9 4b6a 8d1b d38c32f0c378 814ee983 74f5 41cf 995c 18f7d398e619 4d3600f1 7de5 4cf1 85b5 4d237f1da2a9 823c9d30 08da 41e2 ad22 00f45e6724ae 9b7f6ddd 55a9 4d8e 8e65 674b76603c71 00e56f21 cd2b 4020 a467 edb791730686 a0c7c124 95ac 4532 8ad2 e97dd9020ba6 e7235c71 cb0a 4772 8b65 bc97c1acc1e1 6866821b bd23 4368 b00e 0838f4e4abcf