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Low Rates and Heavy Buyer Demand Send US Home Sales Surging
Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%. The July surge in sales reported Friday by the National Association of Realtors marked the second straight month of accelerating home purchases. The back-to-back increases have helped stabilize the home…
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Real Estate Market Heats Up
Despite the pandemic and recession, many areas are seeing a spike in sales. Amber Pfister gets some expert advice from veteran realtor Arvin Haddad on how to sell your home.