Plano Homes : Existing Home Sales Rise in October ; Housing Trends

 

Plano Homes : Existing Home Sales Rise in October

Plano Homes : Existing Home Sales Rise in October

Sales of previously owned homes got an unexpected boost last month while the number of homes on the market continued to decline, according to data just released by the National Association of Realtors. The trade group recorded a 1.4 percent month-over-month increase in existing-home sales in Octobers. At the same time, housing inventory fell 2.2 percent to 3.33 million existing homes available for sale, which represents an 8.0 month supply. Distressed homes made up 28 percent of October’s transactions.

Note to readers: This article contains National real estate data, however, real estate is very hyper-local. To find out what is happening in YOUR market please vistit our ASK A REALTOR page here or call Hunter Webb at 469-951-2299.

Back To Homepage

Search For Homes

Advertisements

About hunterwebb

I am a 26 year old real estate agent in The Dallas Fort Worth Metroplex. In my downtime I enjoy watching sports, reading a goodbook, and grilling up a good meal.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s