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Housing: Existing Home Sales Decline in January

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Housing: Existing Home Sales Decline in January


February 24, 2015
The National association of Realtors reports that existing-home sales declined in January to their lowest rate in nine months. 
 
The Northeast and West saw the largest declines. Nationally, however, the pace was still higher than a year ago for the fourth straight month. According to the NAR, the decline can be attributed to available inventory remaining subdued.
 
Read more on Realtor.org.
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Metros with the Highest and Lowest Remodel ROI

First-time homebuyers can find fixer-upper listings priced between 5 to 10% lower than move-in ready homes. The high return on investment of these projects shows that remodeling remains a strong option to navigate the current housing market

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