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No one is buying homes in …

February 27, 2023 By Geoffrey Disch Leave a Comment

Green Escrow | Real Estate News

Even though home prices have moderated a bit, high mortgage rates and a shaky economy have seen home sales decline by approximately 33 percent. And some metropolitan areas have seen sharper declines that others. The ten US cities where home sales have fallen the most include:

  1. Tucson, AZ
  2. Las Vegas, NV
  3. Charleston, SC
  4. Ventura, CA
  5. Salt Lake City, UT
  6. Jacksonville, FL
  7. Colorado Springs, CO
  8. Atlanta, GA
  9. Raleigh, NC
  10. Washington, DC
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Filed Under: Real Estate Tagged With: Declining home sales

Home sales continue decline

October 3, 2022 By Geoffrey Disch Leave a Comment

Green Escrow | Real Estate

The National Association of Realtors reported that sales of previously owned homes dropped in August for the seventh straight month.

Whiles sales were down, home prices in 20 U.S. cities declined 0.4 percent in July, the first monthly decline since 2012.

Of course, the uncertain economy and, more important, high mortgage rates which have doubled this year alone are largely responsible for the rapid decrease in home sales.

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Filed Under: Real Estate Tagged With: Declining home sales

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