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Sales of Existing US Homes Hit 14-Year High in 2020

The supply of existing homes for sale hit another historic low with 1.07 million units on the market. At the current sales pace, those homes will be sold within 1.9 months. Seventy percent of homes sold in December were listed for less than a month.
The median home price closed the year at $309,800, up nearly 13 percent from a year earlier, and marking the 106th month of consecutive price increases.
“The tight resale market has been good for the new home market, which like the resale market is also benefiting from demographic shifts and low mortgage interest rates,” said RCLCO Real Estate Advisors’ Gregg Logan. “For many home buyers the pandemic has created economic and lifestyle changes that have influenced people to make moves.” ....

Gregg Logan , Joel Kan , Lawrence Yun , National Association Of Realtor , Mortgage Bankers Association , National Association , Estate Advisor Gregg , க்ரெக் லோகன் , ஜோயல் கான் , லாரன்ஸ் யுன் , தேசிய சங்கம் ஆஃப் றேஆல்டோர் , அடமானம் வங்கியாளர்கள் சங்கம் , தேசிய சங்கம் ,

Violence stoked on social media invades the Capitol

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Four D-FW communities were among the tops for U.S. sales in 2020

Four D-FW communities were among the tops for U.S. home sales in 2020
Suburban residential projects were among the best in the nation for sales.
The Pecan Square residential community in Northlake was one of the top local developments for home sales in 2020.(Brandon Wade / Special Contributor)
Each year, RCLCO Real Estate Advisors ranks the 50 U.S. residential communities with the most home sales.
Florida and Western states communities usually dominate the list.
In Texas, most of the top communities eight in total are in the Houston area. But major home developments in the Dallas-Fort Worth area also made the list. ....

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