The National Association of Realtors (NAR) released data confirming that July's existing-home sales hit another record increase. This boost is encouraged by the record low mortgage rates. According to NAR, single-family homes, townhomes, condominiums and co-ops existing home sales were up 24.7% to a seasonally adjusted annual rate of 5.86 million during the month of July. This is the largest and highest...
There is so much information being given to home buyers and sellers right now, and that information seems to change daily. The federal government has designated real estate, title companies, and lenders as essential businesses, so the housing market is still "open for business" even during these stressful times. The one thing that homeowners and home buyers alike need to know is that this crisis is NOT the...
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