April 26, 2024 6:35 pm
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Homebuyers expect fall prices to rise

fall house-1024x682By Lorraine Woellert | Forbes

House hunters shrugged off stock market volatility and unsteady overseas economies in August, pushing the Redfin Housing Demand Index up up 9.6 percent to 103 from 94 a year ago. The number of Redfin customers touring homes held steady from July to August, but fewer people made offers to buy.

Last month we forecast that prices would rise 5.3 percent in September and sales would increase 10 percent. In October, we expect prices to rise 5.1 percent from a year ago and sales to increase 7.9 percent

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.