September 2023 Real Estate News
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In the September 2023 Real Estate News, we’ll cover how to boost your home’s value with AVMs, the pros and cons of seller financing, market updates, kitchen trends, and paint color selection tips for the perfect makeover. Stay informed with us. All this and more in this month’s issue of Real Estate News.
National Home Sales Down, but Prices Still at Record Highs
Existing-home sales saw a decline in June, with every sales region across the country reporting drops in year-over-year sales. However, according to the National Association of Realtors (NAR), month-over-month sales were more variable, with increases in the Northeast, decreases in the South and West, and stability in the Midwest.
Home prices, meanwhile, held firm in most regions of the country. According to Lawrence Yun, chief economist for NAR, “limited supply is still leading to multiple-offer situations, with one-third of homes getting sold above the list price in the latest month.”
September 2023 Real Estate News
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