The Real Estate Market’s record setting milestone

6 Million

The National real estate market just hit a massive milestone.

 

Based on the numbers through August, we are now on pace to sell 6 million homes.  This is the highest pace we have seen in 14 years.

 

The 6 million threshold is a big deal in the real estate brokerage world.

 

Each month, as they have for a long time, the National Association of Realtors tracks the sales and then calculates the annualized rate of residential closings.

 

For many, many years this number has bounced around 5.5 million.  The fact that it just jumped to 6 million speaks to many factors especially the effect of today’s interest rates.


Posted on September 25, 2020 at 7:44 pm
Dana Myers | Posted in Blog, Fort Collins Real Estate, Longmont Real Estate, Timnath Real Estate |

Beautiful Two-Story in Longmont!

Must See!! This home at 2610 Falcon Drive in Longmont is in the desired Westlake Manors neighborhood. Walking distance to McIntosh Lake. This home boasts a newly renovated master bath with walk-in double spa shower and a walk-in closet. Outside access from the master bedroom. Immaculately kept outdoor living area with green belt behind the home. Corner lot. Call for your private showing at (970) 381-2257 for more information or click the link below for more details.

http://windermerenoco.com/listing/111052029

 


Posted on June 29, 2020 at 4:08 pm
Dana Myers | Posted in Blog, Longmont Real Estate, Virtual Tours | Tagged , , , , , , , , , , , ,