Home Prices Rose 5.8% in 2014

As 2014 drew to a close, median home prices rose to their highest level since 2007 and home sales picked up. For 2014, the national median existing home price hit its highest level since 2007: $208,500. The median price also represents a 5.8% increase from 2013 ($197,100), data from the NATIONAL ASSOCIATION OF REALTORS® show. …

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Existing-home sales in 2013 were strongest in 7 years

Existing-home sales last year hit their highest level since 2006 as the housing market continued to stabilize, the NATIONAL ASSOCIATION OF REALTORS® (NAR) reported. Compared to 2012, existing-home sales in 2013 increased 9.1 percent to 5.09 million, marking the strongest performance since 2006, “when sales reached an unsustainably high 6.48 million at the close of …

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Best Year for Home Sales Since 2006

According to a report from the National Association of Realtors (NAR), in 2013 homeowners sold about 5 million homes — which is the highest amount of home sales since housing boom year of 2006. This amount is 9.2% higher than home sales for 2012, while nearly 20% up from 2011. Read CNN Money’s article on …

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$1 million home sales hit highest level in five years

DataQuick reported today that 3,631 Orange County homes sold for $1 million or more in 2012, the highest number since 2007. That’s up 34 percent from 2011′s tally of million-plus sales, compared to an increase of 17 percent for sales of all homes in the county. Statewide, million-plus sales increased 27 percent to 26,993, vs. …

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