The National Association of Realtors has calculated the ratio of sale price to original asking price for 262 counties in the United States to show what percentage of the original asking price sellers were able to get. The ratio for the entire country is 95 percent, meaning that homeowners sold their house for $228,400 while the asking price was $240,400. At the local level, though, the ratio varies between 80 percent and 99 percent. Adams, Colo., was the county with the highest ratio (99.3 percent) while Rabun, Ga., had the lowest (80.3 percent).
Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!
billboard
PB Topical Ref
leaderboard2
Related Stories
Here are the top 10 market highlights of 2021
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.
Older Baby Boomers were the most satisfied homebuyers in a new demographic study of generational buyer trends. Older Boomers accounted for the second-largest share of home sellers in 2018 (22 percent).
The industry has left a sizable, and growing, group of house hunters in the cold
The total national rental vacancy rate was 7.1 percent in the third quarter of 2018, down four basis points year-over-year, and still below historical levels.
The legal settlement will improve transparency during the home sales process, mitigate predatory practices, and help preserve profitability for home builders
boombox2
boombox1
halfpage1
native1
catfish1
interstitial1