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New Home Sales Surge 9.6% in July
Written on 26 Aug, 2009 at 19:19 in News | viewed 86 views times and users have made 0 comments so far
New U.S. home sales surged 9.6 percent in July, rising for the fourth straight month and beating expectations as the housing market shows continuing signs of rebounding from its historic downturn. The Commerce Department said Wednesday that sales rose to a... (Continue reading)
U.S. home prices rise for a second straight month
Written on 25 Aug, 2009 at 7:37 in San Diego Real Estate | viewed 93 views times and users have made 0 comments so far
NEW YORK (Reuters) – Prices of U.S. single-family homes rose for the second consecutive month in June, exceeding expectations and adding to evidence that the three-year housing slump is easing, Standard & Poor’s reported on Tuesday. The S&P/Case-Shiller composite indexes of... (Continue reading)
Existing-Home Sales Rise 7.2%
Written on 21 Aug, 2009 at 7:42 in News | viewed 80 views times and users have made 0 comments so far
WASHINGTON — Existing-home sales rose to their highest level in nearly two years from June to July as cheaper prices and the availability of tax credits continued to entice buyers. Home resales rose more than expected, bouncing 7.2% — the highest... (Continue reading)
Buyers Rush to Beat Tax Credit Deadline
Written on 17 Aug, 2009 at 18:59 in Blog, News | viewed 73 views times and users have made 0 comments so far
Real estate professionals report that first-time home buyers are flooding the sale market, pressed to finalize a deal before the federal government’s $8,000 tax credit offer expires on Nov. 30. Because mortgage approvals, residential inspections, and other steps in the... (Continue reading)
Pending Sales of Existing Homes in U.S. Surge 3.6%
Written on 4 Aug, 2009 at 8:11 in News | viewed 77 views times and users have made 0 comments so far
Aug. 4 (Bloomberg) — The number of contracts to buy previously owned homes in the U.S. rose in June for a fifth straight month and exceeded economists’ forecasts, as lower prices and mortgage rates attracted buyers. The 3.6 percent gain in... (Continue reading)