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13,397 Homes Sold Yesterday!

Monday, July 21, 2014   /   by Cristina Edelstein

13,397 Homes Sold Yesterday!

13,397 Homes Sold Yesterday!


 



 


If you read certain headlines, you might be led to believe that the housing recovery has come to a screeching halt. Naysayers are claiming that the threat of rising mortgage rates and a lack of consumer confidence are keeping Americans on the fence when it comes to purchasing real estate. That is actually far from reality.


 


After all 13,397 houses sold yesterday, 13,397 will sell today and 13,397 will sell tomorrow.


 


13,397!


 


That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. According to the report, annualized sales now stand at 4.89 million. Divide that number by 365 (days in a year) and we can see that, on average, over 13,000 homes sell every day.


 


If you are considering whether or not to put your house up for sale, don’t let the headlines scare you. There are purchasers in the market and they are buying – to the tune of 13,397 homes a day.


 


Source: KCM Blog


 


 


 


 

RE/MAX Results
Kerby Skurat
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Plymouth, MN 55441
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kerby Skurat - Re/Max Results / WINBACK are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2021Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated October 16, 2021
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