Berkshire@findberkshireproperties.com | 12 Blog(s)

Existing-Home Sales Slid 2.4% in March

Existing-Home Sales Dipped 7.7% in November

Key Highlights Existing-home sales retreated 2.4% in March to a seasonally adjusted annual rate of 4.44 million. Sales declined 22.0% from one year ago. The median existing-home sales price dipped 0.9% from the previous year to $375,700. The inventory of unsold existing homes rose 1.0% from the prior month to

Nearly 50% of Sellers’ Agents Said Staging a Home Reduced Its Time on Market, NAR Report Finds

House Staging

Key Highlights Almost half of sellers’ agents (48%) reported that home staging decreased a property’s time on the market. Twenty percent of both buyers’ and sellers’ agents said home staging increased the dollar value offered by between 1% and 5% compared to similar homes on the market not staged. Staging

Is Now the Time to Buy a Home?

Is Now the Time to Buy a Home?

As the spring homebuying season kicks off, you may be ready to buy a home of your own, but continuing inflation, high home prices and high interest rates may be giving you pause. Is now a good time to buy a home? Market conditions are changing. According to a new report,

Home Sellers: Don’t Be Surprised by Repairs That Come Up During Home Inspections

Home Inspections

Repairs or replacements that the homebuyer requires to be completed before closing on the sale of your home can blindside you if you’re not prepared. While any unforeseen expenses are an unwelcome surprise, you’ll still have to fix the problems or risk letting your buyer out of the contract and

So Who Pays the Closing Costs?

Who Pays the Closing Costs

Closing costs are fees paid to third parties to finalize a home purchase, explains Fool.com, by both the buyer and the seller. Costs can vary widely depending on state requirements, the type of loan the buyer has, the fees that the lender charges, local customs and any arrangement negotiated between the

Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines

Pending Home Sales Improved for Second Straight Month, Up 8.1% in January

Key Highlights Existing-home sales jumped 14.5% in February to a seasonally adjusted annual rate of 4.58 million, snapping a 12-month slide and representing the largest monthly percentage increase since July 2020 (+22.4%). Compared to one year ago, however, sales retreated 22.6%. The median existing-home sales price decreased 0.2% from the

Pending Home Sales Improved for Second Straight Month, Up 8.1% in January

Pending Home Sales Improved for Second Straight Month, Up 8.1% in January

Key Highlights Pending home sales improved in January for the second consecutive month, according to the National Association of REALTORS®. All four U.S. regions posted monthly gains but saw year-over-year drops in transactions. The Pending Home Sales Index (PHSI)* — a forward-looking indicator of home sales based on contract signings —

Existing-Home Sales Descended 0.7% in January

Existing-Home Sales Descended 0.7% in January

Existing-home sales fell for the twelfth straight month in January, according to the National Association of Realtors®. Month-over-month sales were mixed among the four major U.S. regions, as the South and West registered increases, while the East and Midwest experienced declines. All regions recorded year-over-year declines.

Existing-Home Sales Receded 1.5% in December

Existing-Home Sales Receded 1.5% in December

Key Highlights • Existing-home sales faded for the eleventh straight month to a seasonally adjusted annual rate of 4.02 million. Sales waned 1.5% from November and 34.0% from one year ago. • The median existing-home sales price climbed 2.3% from the previous year to $366,900. • Existing-home sales totaled 5.03