Real Estate Existing Home Sales Are Down

Existing home sales are DOWN!

November existing home sales tumble from 5.12MM to 4.90MM, missing estimates of 5.02MM, they also posted the first year over year decline in 29 consecutive months of increases.

The above chart shows the trend. At SOFI, w are receiving more and more product orders now from realtors, appraisers and notary signing agents who have experienced a slow-down in their business. Field services can be a great adjunct business. Check out all of the information and training products at www.sofistore.com.

About half of all home purchases are made with cash. As interest rates increase, expect more slow-down.  READ MORE >>>>

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