Latest Lawrence Yun News
February home sales hit strongest pace in a year as mortgage rates ease and more houses hit market
LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in February from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties on the market. Existing home sales climbed 9.5% last month from...
Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers
LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest pickup in properties on the market. Existing home sales rose 3.1% last month from December to a seasonally adjusted annual rate of 4...
2023 was slowest year for US home sales in nearly 30 years as high mortgage rates frustrated buyers
LOS ANGELES (AP) — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans. The National...
