Green Escrow Services, Inc

The Latest in Paperless Technology

  • Home
  • About Us
  • Find Us
  • Services
    • Real Estate Sales
      • What is Title Insurance?
      • Why Do You Need Title Insurance?
      • 21 Reasons for Title Insurance
    • Business Opportunity Escrow Check List
    • Bulk Sales & Liquor License Transfers
      • Liquor License Escrow
      • Liquor License Transfer / Business Opportunity Check List
  • Meet Our Experts
  • Order Form
  • Why Use Green Escrow?
    • How Is Green Escrow Different?
  • Resources
    • How the Escrow Process Works
    • East Bay Professionals
  • Blog
  • Customer Services
    • Useful Websites
    • Property Transfer Tax Rates
      • Additional Communities – Los Angeles
    • Profiles and Farms
You are here: Home / Real Estate / Most New Homes Sold in a Decade

Most New Homes Sold in a Decade

August 29, 2016 By Geoffrey Disch Leave a Comment

According to a new report, there were more new homes sold in July 2016 than in nearly a decade. The 654,000 annual rate represents a 31 percent increase over July 2015.

just as important, builders have begun construction on new housing units at a pace greater than 1 million homes a year every month since April of 2015. This more than doubles the low of 478,000 units in the spring of 2009.

Interestingly, the median sale price for new homes declined from $310,500 to $294,6000 in June. Analysts believe this is because more homes are being built at the lower end of the housing market which is certainly good news for young adults looking to purchase their first home.

Share

Filed Under: Real Estate Tagged With: New construction, new home sales

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search our site…

Mortgage Calculator

Loan CalculatorMortgage Calculator
Mortgage CalculatorMortgage CalculatorLoan CalculatorLoan Calculator

$

%

years

%

$ per year

$ per year

%




$

years

%



Our clients say...

“I have been using Green Escrow Services for about a year. They provide impeccable service, quick turn times and a wealth of knowledge for all of my title and escrow needs. Green Escrow is always a step ahead of my requests and seems to read my mind!”
by Dave DiVecchio, CMG Mortgage

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

Real Estate & Business Information
Follow Us on FacebookFollow Us on LinkedInFollow Us on Yelp

Copyright © 2023 · Site by Last Laugh Creative