Tag Archives: home
Appraisals slow housing recovery
Here’s another factor working against the housing market recovery : appraisals. Real-estate professionals say that the results of home appraisals are increasingly stalling or preventing sales.
Fewer than 10 percent of realtors blamed appraisals for kil… Continue reading
Which housing markets gained?
The market with the biggest gains in home values since 2009 is in one of the states hit hardest by the housing slump: Florida.
Zillow researched the 1,000 largest U.S. cities in a survey for Bloomberg Businessweek and found that Weston, Fla., a suburb … Continue reading
Who are the new homebuyers?
Homebuying conditions look great on paper, but a bunch of factors is preventing traditional first-time buyers or those looking to trade up from getting into the game. Consequently, the new buyers are more often investors with cash or cautious buyers of… Continue reading
Existing home sales improve
Low mortgage rates and home prices did their job of luring homebuyers, according to data from the National Association of Realtors (NAR), which showed a rise of 7.7 percent in existing home sales in August. That’s the biggest rise since March and 18.6 … Continue reading
Home sales join the slump
For the first time in three months, pending sales of previously-owned homes dropped in July, signaling yet again that the housing recovery is a long way from getting unstuck. Although pending home sales rose by 2.4 percent in June, July’s 1.3-percent d… Continue reading
More bad housing news
Bad news for the housing market just keeps coming. This morning, the Commerce Department reported that new home sales slipped 0.7 percent in July, a bigger-than-anticipated decline. The seasonally adjusted 298,000-unit annual rate is less than the 310,… Continue reading