Hitman Posted March 20 Report Posted March 20 US home sales rose in February as mortgage rates eased and more homes put up for sale Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers. Existing home sales rose 4.2% last month from January to a seasonally adjusted annual rate of 4.26 million units, the National Association of Realtors said Thursday. Sales fell 1.2% compared with February last year, ending a string of five straight annual increases. The latest home sales topped the 3.92 million pace economists were expecting, according to FactSet. On an unadjusted basis, sales fell 5.2% in February last year, when the month included an extra day because 2024 was a leap year. Home prices increased on an annual basis for the 20th consecutive month. The national median sales price rose 3.8% in February from a year earlier to $398,400, an all-time high for the month of February. āHome buyers are slowly entering the market,ā said Lawrence Yun, NARās chief economist. āMortgage rates have not changed much, but more inventory and choices are releasing pent-up housing demand.ā The U.S. housing sales began to slump in 2022, when mortgage rates began to climb from pandemic-era lows. Sales of previously occupied U.S. homes fell last year to their lowest level in nearly 30 years. 2 Quote
Sreeven Posted March 20 Report Posted March 20 Property tax teesese panilo vunaru, and sales tax will be double..home prices might go upĀ Quote
perugu_vada Posted March 20 Report Posted March 20 17 minutes ago, Sreeven said: Property tax teesese panilo vunaru, and sales tax will be double..home prices might go upĀ This aināt gonna happen ..Ā 1 Quote
Sreeven Posted March 20 Report Posted March 20 52 minutes ago, perugu_vada said: This aināt gonna happen ..Ā Agree but you never know..boswdk gallu emainachestaru.. Quote
Ravi860 Posted March 20 Report Posted March 20 1 hour ago, perugu_vada said: This aināt gonna happen ..Ā TX they are reducing taxes for primary homes.. slight relief anta uncle. Right now 100k off county appraisal. If new bill passes itās going to be 140k off Quote
kevinUsa Posted March 20 Report Posted March 20 Anyway start of spring.is home buying season kada due to academic year ending everything so So there is an uptick it's natural KadaĀ 1 hour ago, Hitman said: US home sales rose in February as mortgage rates eased and more homes put up for sale Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers. Existing home sales rose 4.2% last month from January to a seasonally adjusted annual rate of 4.26 million units, the National Association of Realtors said Thursday. Sales fell 1.2% compared with February last year, ending a string of five straight annual increases. The latest home sales topped the 3.92 million pace economists were expecting, according to FactSet. On an unadjusted basis, sales fell 5.2% in February last year, when the month included an extra day because 2024 was a leap year. Home prices increased on an annual basis for the 20th consecutive month. The national median sales price rose 3.8% in February from a year earlier to $398,400, an all-time high for the month of February. āHome buyers are slowly entering the market,ā said Lawrence Yun, NARās chief economist. āMortgage rates have not changed much, but more inventory and choices are releasing pent-up housing demand.ā The U.S. housing sales began to slump in 2022, when mortgage rates began to climb from pandemic-era lows. Sales of previously occupied U.S. homes fell last year to their lowest level in nearly 30 years. Ā Quote
ErraBook_monagadu Posted March 20 Report Posted March 20 Tracy no demand. This house on sale for 2 weeks, no buyers, today price cut 40K. purchased $1M in 2023 and on sale for $1M now.Ā https://www.zillow.com/homedetails/6313-Carousel-Ave-Tracy-CA-95377/300277157_zpid/ 1 Quote
ErraBook_monagadu Posted March 20 Report Posted March 20 Tomorrow builder will price cut aggressively 950k with many other incentives.Ā Quote
ARYA Posted March 20 Report Posted March 20 1 hour ago, perugu_vada said: This aināt gonna happen ..Ā k Quote
ErraBook_monagadu Posted March 20 Report Posted March 20 This house listed for $1.3M in August and not selling. Every month price cut, now sale price is $1.15M. Vacant property on sale for 9 months now Ā https://www.zillow.com/homedetails/6341-Zink-House-Dr-Tracy-CA-95377/300276460_zpid/ 1 Quote
pandugadu999 Posted March 20 Report Posted March 20 31 minutes ago, ErraBook_monagadu said: This house listed for $1.3M in August and not selling. Every month price cut, now sale price is $1.15M. Vacant property on sale for 9 months now Ā https://www.zillow.com/homedetails/6341-Zink-House-Dr-Tracy-CA-95377/300276460_zpid/ cant be sold for 3 more years unless it drops below 700k Quote
sarfaroshi2 Posted March 20 Report Posted March 20 2 hours ago, Sreeven said: Property tax teesese panilo vunaru, and sales tax will be double..home prices might go upĀ Ala cheste flips chese vaalaki bokka Quote
tokkalogola Posted March 20 Report Posted March 20 Intha uncertainty lo kuda major commitment ante sahasam ane cheppali .. god bless you š Quote
Sreeven Posted March 20 Report Posted March 20 24 minutes ago, sarfaroshi2 said: Ala cheste flips chese vaalaki bokka YesĀ florida lo 7% tax teesesi 15% cheste property tax loss ikkada balance avutundi..kani deeni valla city 10gipotundi..cities develop based on their taxes..governor gadu motham dabbulu vadi chetilo pettukuni vadiki support lwni counties ni MG ne Quote
pandugadu999 Posted March 20 Report Posted March 20 8 minutes ago, tokkalogola said: Intha uncertainty lo kuda major commitment ante sahasam ane cheppali .. god bless you š rent aithe kattali kada uncle.. Quote
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