Three Good Real Estate Stories In A Month!
Existing-home sales hit a five-month high in July, according to new data from the National Association of Realtors(NAR). But, the group noted, sales have stayed in a "relatively narrow range" over the past 11 months.
Existing-home sales -- including single-family, townhouses, condominiums and co-ops -- jumped 3.1 percent in July to 5 million units from 4.85 million in June.
The local markets in the White Mountains of New Hampshire have shown strong increases in activity over the same period. The strongest sectors are vacation condos from $175,000 to $230,000 and upscale retirement homes in the $350,000 to $700,000 range.
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