Posted on February 3, 2016 - 11:26 AM
by Phillip Frost
National home sales, for 2015 ended 6.1% year-over-year higher over 2014. The median sales price also rose by 5.3%. Dave Liniger, RE/MAX CEO believes it possible, the December spike was caused by a slow down in November sales, due to TRID closing rule implementation. No matter the reasoning for the late month's surge, the year was a great one for the Real Estate industry.
Bob Walters, Quicken Loan's Chief Economist feels homeowners may take advantage of the equity they've built over the recent past and make their homes available to the many anxious buyers. Read more here...
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