Tag Archives: homeowners

Existing Home Sales and Prices Increase

Existing-home sales rose in October, according to the National Association of Realtors. The four major U.S. regions were split last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales. Total existing-home sales are completed transactions that include single-family homes, townhomes, condominiums and co-ops.  […]

Homeowners Staying in their Homes Longer

The typical American homeowner in 2019 had spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all of the 55 metros Redfin analyzed. Many local governments have put policies in place that reduce property tax burdens for senior citizens, which have made it more affordable for older […]