The National Association of Realtors reported this week that existing-home sales for May were up 1.8% – representing the highest pace in nearly a decade. Total sales numbers for May were 5.53 million. All-cash sales represented 22% of transactions in May with individual investors, who account for many cash sales, purchasing 13% of those homes. By the way, 63% of those investors paid in cash……Good data….Happy Friday!
Trending
- Mastering Mobile Home Investments
- Secret Mortgage Blacklist Is Leaving Homeowners Stuck With Unsellable Condos
- New Home Sales Up 1.8% in February
- S&P CoreLogic Case-Shiller Sees 4.1% Annual Gain in January
- Home Flipping Down in 2024
- Pending Home Sales Up 2% in February
- The Biggest Fortune 500 Company in Each State
- Rocket Buys Redfin in $1.75 Billion Deal