Claudia Larsen

Claudia Larsen is an associate editor for RISMedia.

Posts by Claudia Larsen

Existing-Home Sales Surged 14.5% in February—the Largest Increase Since July 2020

Existing-home sales surged 14.5% from January to a seasonally adjusted annual rate of 4.58 million in February—its largest monthly percentage increase since July of 2020, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. While year-over-year sales fell 22.6%, month-over-month sales rose in all four major U.S. regions, and all regions…

Amid Some Positive Signs, Housing Affordability Struggles Continue to Affect Buyers and Homeowners Alike

Since the drastic rise of home prices and mortgage rates from the time of the pandemic boom, housing affordability continues to decline. Buyers, whether veterans or first-timers, have felt pushed out of the market due to ongoing market struggles. Mortgage rates are now at 6.60%, after rising for five straight weeks, according to the latest…