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Nine Consecutive Gains for Pending Home Sales
Written on 2 Dec, 2009 at 9:46 in Blog | viewed 69 views times and users have made 0 comments so far
Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator based... (Continue reading)
Home prices climb for 2nd straight quarter
Written on 24 Nov, 2009 at 8:48 in Blog | viewed 75 views times and users have made 0 comments so far
NEW YORK (CNNMoney.com) — Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday. Prices nationwide rose 3.1% in the three months ended Sept. 30,... (Continue reading)
Mortgage Delinquencies Are Still Rising, More Foreclosures to Come in 2010
Written on 18 Nov, 2009 at 18:30 in Blog | viewed 73 views times and users have made 0 comments so far
Mortgage delinquencies rose for the 11th straight month, reaching 6.25 percent in the third quarter from 3.96 percent a year earlier and 5.81 percent in the second quarter, according to the credit management company TransUnion. “Until the housing market can... (Continue reading)
Home Sales Drive the Recovery
Written on 16 Nov, 2009 at 14:47 in Blog | viewed 67 views times and users have made 0 comments so far
It’s been a long time coming, but thanks largely to strengthening housing markets, the country is pulling out of the recession. Existing-home sales rose 7.2 percent from June to July to post a seasonally adjusted annual rate of 5.24 million... (Continue reading)
Both Houses OK Tax Credit Extension, Expansion
Written on 5 Nov, 2009 at 21:46 in Blog | viewed 71 views times and users have made 0 comments so far
The House today and the Senate yesterday passed legislation to extend the $8,000 home buyer tax credit to May 1, 2010, for first-time buyers and add a $6,500 tax credit for repeat buyers if they’ve lived in their home for... (Continue reading)
Senate May Approve Tax Credit Wednesday
Written on 4 Nov, 2009 at 12:52 in Blog | viewed 77 views times and users have made 0 comments so far
The U.S. House and Senate are close to an agreement to extend the home buyer tax credit due to expire at the end of this month. The Senate is expected to vote Wednesday while the House could approve it later... (Continue reading)
Home sales contracts rise for 8th straight month
Written on 2 Nov, 2009 at 8:59 in Blog | viewed 63 views times and users have made 0 comments so far
Real estate rally attributed to first-time homebuyer tax credit that expires at the end of November. NEW YORK (CNNMoney.com) — The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a... (Continue reading)
Escondido Chargers?
Written on 7 Oct, 2009 at 10:44 in News | viewed 113 views times and users have made 0 comments so far
By Joe Tash Could the “hidden valley” of Escondido have been the number one draft pick of the San Diego Chargers all along? In recent months, the Chargers’ search for a new “San Diego” stadium site has turned northward, following... (Continue reading)
Legislation introduced to keep tax credit alive
Written on 28 Sep, 2009 at 16:44 in Blog | viewed 88 views times and users have made 0 comments so far
WASHINGTON — Will Congress extend the wildly popular $8,000 home-buyer tax credit beyond its Dec. 1 expiration date? That’s a question generating huge pressure on Capitol Hill, from would-be buyers who haven’t found the right house to realty agents, builders,... (Continue reading)
Existing home sales slide unexpectedly
Written on 28 Sep, 2009 at 8:31 in Blog | viewed 115 views times and users have made 0 comments so far
The report breaks a four-month streak of increases with a dip of 2.7% in August. NEW YORK (CNNMoney.com) — Existing home sales fell in August, snapping a four-month streak of increases, according to a report released Thursday. Sales of previously-owned... (Continue reading)