Posts Tagged: december

42% of All December Home Sales Were in Cash

Julia Zhu notes that in December, “all-cash purchases accounted for 42.1 percent of all U.S. residential sales, according to the latest report from RealtyTrac, a company that collects and analyzes housing data”: There are a few things driving this. Last summer, interest rates on mortgages jumped sharply. And though rates are still low by historic… Read more »

Oahu Condo Prices, Sales Soared in December

Oahu’s housing market continued to show some positive growth in almost every area except for the median sales price of single-family homes last month, according to statistics from the Honolulu Board of Realtors. The median sales price dipped nearly 1 percent from $605,000 to $600,000, comparing December 2011 to December 2012. But other than that,… Read more »

Maui Condo Sales Hit 33 Month High in December

While home sales on Maui declined slightly in December 2012, condominium sales increased to a 33-month high of 138 units sold, according to statistics released Tuesday by the Realtors Association of Maui. Homes sales on Maui in December 2012 declined to 82 from 84 homes sold in November 2012. Condominium sales were up to 138… Read more »

Toronto Home Sales Drop, Prices Inch Up

The latest data for Toronto’s housing market isn’t pretty, but it’s still not bad enough to call a hard landing just yet. Home sales in Canada’s biggest city plummeted by more than 19% in the first two weeks of December, compared to the previous month, according to the Toronto Real Estate Board. Sales were down… Read more »

Houston Real Estate Sales Climbed Again in December

Buttressed by a continuous improvement in the city’s employment rate, home sales in Houston rose for the seventh consecutive month in December. Single-family home sales in the month across Houston hiked 7.2% from December 2010, according to the Houston Association of Realtors. In fact, every segment of the city’s housing market experienced positive sales activity… Read more »

CA: Sacramento Home Sales Up in December

Sacramento’s housing market ended the year on an upbeat note as sales of single-family homes rose in all four of the region’s counties. But prices continued to falter due to the large number of distress sales. San Diego-based DataQuick said Wednesday that a total of 1,810 single-family homes were sold in Sacramento County last month,… Read more »

Delaware Home Sales Flat, Prices Down in December

Prices continued their downward drift, and sales were generally flat last month, but Delaware Realtors say they are sensing a slowly growing vigor in the residential real estate market. In some cases, it’s being driven by historically low mortgage rates — Kent County Realtor Dee Hake DeMolen recently had a first-time buyer lock in at… Read more »