The NAR (National Association of Realtors) has released earlier this week a plan with five bullets to expand down payment assistance programs, and alternative credit scoring models, plus, improve FHA loans.
The median sale price of homes jumped 11% year over year by July 25. The price, $315,000, its the highest sale price registered since 2014.
After five months of upswing, sales of existing homes were lower in November.
They lowered 2.5% month-to-month to a seasonally adjusted yearly rate; 6.69 million units. Sales were 25.8% higher YoY.