Home Sales August 2018 Are Cooling Off This Summer

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Home Sales August 2018 Are Cooling Off This Summer

Home Sales August 2018 Are Cooling Off This Summer [INFOGRAPHIC]

Home Sales August 2018.

Home Sales August 2018

Home Sales August 2018 Highlights:

  • According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year.
  • Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures but still remains under the 6-month supply needed for a normal market.
  • NAR’s Chief Economist Lawrence Yun had this to say: “There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of the country in relation to the actual pace of home sales, which are declining. The root cause is without a doubt the severe housing shortage that is not releasing its grip on the nation’s housing market.”

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. RJ Daley & Daley, PLLC d.b.a. Winfield Real Estate Arizona does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Winfield Real Estate Arizona  Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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By | 2018-08-12T12:14:19+00:00 August 12th, 2018|Jane and Jeff Daley, Jeff Daley, Sellers, Winfield Real Estate Arizona|0 Comments

About the Author:

Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world. They enjoy partnering with clients to meet their goals in real estate.Their success in getting it done right for their clients is their belief in education. University and formal real estate courses have been imperative in staying up to date for the benefit of their clients and their business. The Daley's started in real estate in 1999 and have helped hundreds of clients buy or sell their homes successfully. Their fiduciary responsibility to their clients is always a top priority. MILITARY SERVICE: Jeff is a U.S. Army combat veteran and served with distinction in Vietnam.Jeff and Jane Daley located their business in Scottsdale, Arizona. Their team also serves the adjacent communities of Carefree, Cave Creek, Chandler, Glendale, Mesa, Paradise Valley, Phoenix.Jeff is also available as a media resource for interviews and/or articles.
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