NCJAR News
National sales of existing homes recently fell to a 7-month low, as surging borrowing costs, rising sales prices, and limited inventory continue to keep many would-be buyers out of the market. Borrowers have become increasingly sensitive to fluctuations in mortgage rates, which have remained above 7% since mid- August. With fewer buyers able to afford the costs of homeownership, existing- home sales declined 0.7% month-over-month and were down 15.3% year-over- year, according to the National Association of REALTORS®(NAR).
• Single Family Closed Sales were down 28.4 percent to 1,553.
• Townhouse-Condo Closed Sales were down 31.5 percent to 395.
• Adult Communities Closed Sales were down 21.5 percent to 51.
Join NAHREP Union Essex on a transformative journey as we explore the incredible legacy of Latinos in the business realm, dissect our current landscape, and anticipate the shifts of the future. The future is knocking, and we're ready to answer!
What to Expect:
- Legacy Exploration: Uncover the inspiring stories of Latinos who paved the way.
- Current Landscape: Gain insights into the present-day business world.
- Future Trends: Anticipate the shifts that will shape our collective destiny.
Save 40% on all real estate and mortgage products Wednesday,10/25/2023 & Thursday,10/26/2023 when you visit NCJAR.TheCEShop.com and use the promo code ROAST at checkout.
Discount valid10/25-10/26 until 11:59pm CT.
Discount DOES NOT apply to NCJAR's Virtual Classroom Courses.
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