2013 Homes Sales Rose to 7-Year High

Mortgage101

Sales of existing homes ascended to their highest point in seven years in 2013, according to data from the National Association of Realtors, aided by a small gain in December. From January to December 2013, total existing home sales rose to 5.09 million, up 9.1 percent from 2012. Sales haven’t hit that level since 2006, at the end of the ready-to-pop housing bubble. “Existing-home sales have risen nearly 20 percent since 2011, with job growth, record low mortgage interest rates and a large Read more [...]

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