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Don’t be among victims of foreclosure-prevention scams
Written on 8 Sep, 2009 at 19:38 in News | viewed 72 views times and users have made 0 comments so far
WASHINGTON – How’s this for a business plan to make money during the housing bust? You buy or rent lists of recent default filings from across the country – thousands of people who have been notified by lenders that if... (Continue reading)
New Home Sales Surge 9.6% in July
Written on 26 Aug, 2009 at 19:19 in News | viewed 85 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)
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)
Sharp Rise in New U.S. Home Sales as Prices Fall
Written on 27 Jul, 2009 at 7:54 in Blog, News | viewed 65 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 84 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 foreclosure... (Continue reading)
Home prices drop, but at a slower rate
Written on 30 Jun, 2009 at 7:28 in News | viewed 70 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% from a year... (Continue reading)
Housing Foreclosures Fall in May
Written on 11 Jun, 2009 at 17:15 in News | viewed 60 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 where... (Continue reading)
Pending Home Sales Increase
Written on 2 Jun, 2009 at 17:19 in News | viewed 79 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 75 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 said sales... (Continue reading)
REAL ESTATE STABILIZATION
Written on 13 May, 2009 at 17:17 in News | viewed 69 views times and users have made 0 comments so far
Price Stabilization Is First Step to Recovery Home prices must stabilize before the broader economy can turn around, a panel of housing and economic experts said yesterday at a real estate summit hosted by the NATIONAL ASSOCIATION OF REALTORS® as... (Continue reading)