Home » Archives
U.S. home prices rise for a second straight month
Written on 25 Aug, 2009 at 7:37 in San Diego Real Estate | viewed 296 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... (Continue reading)
Existing-Home Sales Rise 7.2%
Written on 21 Aug, 2009 at 7:42 in News | viewed 257 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... (Continue reading)
Buyers Rush to Beat Tax Credit Deadline
Written on 17 Aug, 2009 at 18:59 in Blog, News | viewed 146 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 176 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... (Continue reading)
Sharp Rise in New U.S. Home Sales as Prices Fall
Written on 27 Jul, 2009 at 7:54 in Blog, News | viewed 135 views times and users have made 0 comments so far
WASHINGTON (AP) — The government said Monday that new home sales in the United States rose by the largest amount in nearly eight years last month, in another sign the housing market was bouncing back from the worst downturn in... (Continue reading)
FORECLOSURE RISES DESPITE ECONOMIC STIMULUS
Written on 16 Jul, 2009 at 16:18 in Foreclosures | viewed 293 views times and users have made 0 comments so far
The foreclosure crisis continued to grow in the first half of 2009, affecting more than 1.5 million homes, according to a mid-year report from foreclosure listing service RealtyTrac Inc. The report cites a 9 percent increase in total properties in... (Continue reading)
Home prices drop, but at a slower rate
Written on 30 Jun, 2009 at 7:28 in News | viewed 156 views times and users have made 0 comments so far
S&P/Case-Shiller index down 18.1% year over year, but monthly drop narrows to 0.6% in April. By Les Christie, CNNMoney.com Last Updated: June 30, 2009: 9:44 AM ET NEW YORK (CNNMoney.com) — Home prices continued to tumble in April, falling 18.1%... (Continue reading)
Housing Foreclosures Fall in May
Written on 11 Jun, 2009 at 17:15 in News | viewed 146 views times and users have made 0 comments so far
Foreclosures declined 6 percent in May compared to April, but the number is still an increase of 18 percent compared to May 2008, reports RealtyTrac. “May foreclosure activity was the third-highest month on record, and marked the third straight month... (Continue reading)
Pending Home Sales Increase
Written on 2 Jun, 2009 at 17:19 in News | viewed 184 views times and users have made 0 comments so far
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5. Lawrence Yun, NAR... (Continue reading)
HOME SALES ROSE 2.9% in April 09
Written on 27 May, 2009 at 8:32 in News | viewed 165 views times and users have made 0 comments so far
WASHINGTON (Reuters) – Sales of existing homes in the United States rose 2.9 percent in April, according to an industry survey on Wednesday that supported views the three-year housing recession was near a bottom. The National Association of Realtors... (Continue reading)