
Dill Real Estate Company
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The blog focuses on real estate market updates.
Dill Real Estate Co offers unparalleled service to all clients in the Lonoke, AR real estate market. Karen Dill the founder has helped hundreds of clients achieve their dream of finding a home.
Dill Real Estate Company
1w ago
Note: Data below from September, 2023 is the most recent from the National Association of Realtors.
Existing-home faded in September, according to the National Association of REALTORS®. Among the four major U.S. regions, sales rose in the Northeast but receded in the Midwest, South and West. All four regions registered year-over-year sales declines.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 2.0% from August to a seasonally adjusted annual rate of 3.96 million in September. Year-over-year, sales ..read more
Dill Real Estate Company
1M ago
Note: Data below from August, 2023 is the most recent from the National Association of Realtors.
Existing-home sales moved lower in August, according to the National Association of REALTORS®. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions recorded year-over-year sales declines.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 0.7% from July to a seasonally adjusted annual rate of 4.04 million in Augu ..read more
Dill Real Estate Company
2M ago
Note: Data below from July, 2023 is the most recent from the National Association of Realtors.
Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.
Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 2.2% from June to a seasonally adjusted annual rate of 4.07 million in July. Year-over-year, sales slumped 16.6% (dow ..read more
Dill Real Estate Company
6M ago
Note: Data below from April, 2023 is the most recent from the National Association of Realtors.
Existing-home sales decreased in April, according to the National Association of REALTORS®. All four major U.S. regions registered month-over-month and year-over-year sales declines.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 3.4% from March to a seasonally adjusted annual rate of 4.28 million in April. Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022).
"Home sales are bouncing back and ..read more
Dill Real Estate Company
7M ago
Note: Data below from March, 2023 is the most recent from the National Association of Realtors.
Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – fell 2.4% from February to a seasonally adjusted annual rate of 4.44 million in March. Year-over-year, sales waned 22.0 ..read more
Dill Real Estate Company
8M ago
Note: Data below from February, 2023 is the most recent from the National Association of Realtors.
Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS®. Month-over-month sales rose in all four major U.S. regions. All regions posted year-over-year declines.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – vaulted 14.5% from January to a seasonally adjusted annual rate of 4.58 million in Februar ..read more
Dill Real Estate Company
10M ago
Note: Data below from December, 2022 is the most recent from the National Association of Realtors.
Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®. Three of the four major U.S. regions recorded month-over-month drops, while sales in the West were unchanged. All regions experienced year-over-year declines.
Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – decreased 1.5% from November to a seasonally adjusted annual rate of 4.02 million in ..read more
Dill Real Estate Company
10M ago
Note: November 2022 data below are the most recent released by the National Association of Realtors.
Total existing-home sales (completed transactions that include single-family homes, townhomes, condominiums and co-ops) waned 7.7% from October to a seasonally adjusted annual rate of 4.09 million in November. Year-over-year, sales dwindled by 35.4% (down from 6.33 million in November 2021).
"In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020," said NAR Chief Economist Lawrence Yun. "The princ ..read more
Dill Real Estate Company
1y ago
Note: October 2022 data below are the most recent released by the National Association of Realtors.
Total existing-home sales) completed transactions that include single-family homes, townhomes, condominiums and co-ops) decreased 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October. Year-over-year, sales dropped by 28.4% (down from 6.19 million in October 2021).
"More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher," said NAR Chief Economist Lawrence Yun. "The impact is greater in expensive areas ..read more
Dill Real Estate Company
1y ago
Note: September 2022 data below are the most recent released by the National Association of Realtors.
Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops) retracted 1.5% from August to a seasonally adjusted annual rate of 4.71 million in September. Year-over-year, sales waned by 23.8% (down from 6.18 million in September 2021).
“The housing sector continues to undergo an adjustment due to the continuous rise in interest rates, which eclipsed 6% for 30-year fixed mortgages in September and are now approaching 7%,” said NAR Chief ..read more