Tag Archives: sales
Investors driving up prices
In some areas of the country, institutional buyers are pricing individuals out of the market. Continue reading
March homes sales dip
The housing market paused in its recovery, but buyer demand is increasing. Continue reading
Not enough homes for sale?
Fewer buyers signed contracts to buy homes in June. Will that dampen the optimism of those celebrating the housing rebound? Continue reading
Short-sale holdup
Homeowners with second mortgages are encountering a roadblock to a short sale. Continue reading
Builder confidence soars
Home builder confidence in new, single-family homes soared to its highest point in four years, according to the National Association of Home Builder’s survey. But it’s still well below what’s considered positive.
The monthly index on builder sentiment … Continue reading
Homeownership demand up
The monthly cost of owning a median-priced home (including taxes and insurance) is lower than the average cost to rent in 12 metro areas, according to a Wall Street Journal survey. In 15 of the 27 cities surveyed, it is still less expensive to rent, bu… 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