Existing Home Sales Jump in December

The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago. While this is great news for the housing market, there is […]

Home Sales Reportedly Dropped Last Month. Is That Accurate?

Last week, the National Association of Realtors (NAR) released their latest Existing Home Sales Report which covered sales in November. The report revealed that sales: “…fell 10.5 percent to a seasonally adjusted annual rate of 4.76 million in November (lowest since April 2014 at 4.75 million)…” That report gave birth to a series of industry articles, […]

INFOGRAPHIC: Current National Housing Market News

The INFOGRAPHIC below gives you a visual picture of the current national housing market news as reported in the recent Existing Home Sales Report. Have questions about the national or local Knoxville and Farragut real estate markets?  Contact me, Troy Stavros with Gables & Gates, REALTORS today at 865-236-1333 and I’d be happy to discuss […]