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Existing-home sales fall for third straight month
Written on 23 Mar, 2010 at 8:04 in Blog | viewed 318 views times and users have made 0 comments so far
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Sales of existing homes have thus fallen three consecutive months, a reversal after having risen steadily through the fall in response to a federal subsidy for first-time home buyers. The tax credit has been restored and expanded to repeat buyers,... (Continue reading)
Pending Home Sales Stabilize
Written on 2 Feb, 2010 at 14:40 in Blog | viewed 339 views times and users have made 0 comments so far
Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in December, increased... (Continue reading)
10 Home Features Buyers Want
Written on 1 Feb, 2010 at 12:36 in Blog | viewed 249 views times and users have made 0 comments so far
Home designers and builders speaking at the recent International Builders Show in Las Vegas say that buyers are seeking cost-effective features and rejecting things that don’t have lasting value. “It’s all about family togetherness – casual living, entertaining and flexible... (Continue reading)
December home sales down nearly 17 percent
Written on 25 Jan, 2010 at 8:51 in Blog | viewed 121 views times and users have made 0 comments so far
WASHINGTON — Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit. The report reflects a sharp... (Continue reading)
Government Announces Short Sales Guidelines
Written on 2 Dec, 2009 at 19:47 in Blog | viewed 146 views times and users have made 0 comments so far
The U.S. Treasury Department announced new guidelines this week designed to make short sales go more smoothly. To qualify under these new guidelines: The property must be the home owner’s principal residence. The home owner must be delinquent on the... (Continue reading)
Nine Consecutive Gains for Pending Home Sales
Written on 2 Dec, 2009 at 9:46 in Blog | viewed 127 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 157 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)
Home sales contracts rise for 8th straight month
Written on 2 Nov, 2009 at 8:59 in Blog | viewed 125 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)
Big Rebound in Existing-Home Sales
Written on 26 Oct, 2009 at 20:11 in Blog | viewed 642 views times and users have made 0 comments so far
Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of REALTORS®. Existing-home sales—including single-family, townhomes, condominiums, and co-ops—jumped 9.4 percent to... (Continue reading)
More Foreclosures to COME!
Written on 22 Oct, 2009 at 18:42 in Blog | viewed 699 views times and users have made 0 comments so far
Housing inventory is likely to continue increasing in 28 key metro areas, according to the Wall Street Journals’ quarterly survey of housing data. Areas where the number of foreclosed homes is likely to contribute the most to the inventory of... (Continue reading)