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Blog Archives: June 2015

The Rilliet Report - June 2015

June 10, 2015
Sheldon Rilliet
The first three months of 2015 began a new trend. The activity of buyer foot traffic was stronger than expected. Usually, spring is the buying season, but times may be changing. Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors (NAR). Then April marked a decline in existing-home sales nationwide. Lawrence Yun, NAR Chief Economist, expects a rebound in sales into the summer months. Such gains will depend on a boost in inventory, ...

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