Why December home sales rebounded

home sales

home salesDiana Olick | CNBC

Sales of existing homes jumped 14.7 percent in December compared to November, according to the National Association of Realtors, but not because the housing market is suddenly outperforming all expectations. The jump in December had all to do with the nearly 11 percent monthly drop in home sales in November, and that drop in November had all to do with something in the mortgage market called “TRID.”

Continued:

Share this!

Additional Articles

A $300 million hole

By Arizona Agenda While Arizona’s GOP lawmakers inch toward sending a budget proposal to Gov. Katie Hobbs in the next two weeks, there’s at least

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

A $300 million hole

By Arizona Agenda While Arizona’s GOP lawmakers inch toward sending a budget proposal to Gov. Katie Hobbs in the next two weeks, there’s at least

Read More »