According to the National Association of Realtors existing-home sales in September rose 3.2% to an adjusted annual rate of 5.47 million homes. A lot of the momentum was attributed to sales from first-time buyers who represented 34% of all buyers – a four-year high. Distressed sales accounted for 4% of sales – a new low. The following infographic gives a nice snapshot of the situation….Happy Friday….
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