real estate industry: Nation's Housing Slump May Be Near End - 06/20/07 01:13 PM
A recent study suggests the nation's housing slump may be just about over, the Boston Herald reported June 11, 2007.
Good news for sellers, especially those who bought withing the past two or three years, but bad news for buyers who were hoping prices would continue to slid.
"'What we’re likely … (5 comments)

real estate industry: No Doubt About It, U.S. Housing Market Is Hurting - 05/29/07 05:44 PM
The Standard & Poor's/Case-Shiller U.S. National Home Price Index showed the 1.4 percent price decline in the first quarter, the first quarterly decline since 1991, USA Today reported May 29, 2007.
The data covers existing single-family homes in nine U.S. metropolitan areas. In alphabetical order, Boston, Detroit, San Diego and Washington … (3 comments)

real estate industry: Massachusetts Home Sales, Prices Decline In April - 05/29/07 05:35 PM
Massachusetts single-family home sales fell again in April after an encouraging start to the year, The Boston Globe reported May 23, 2007.
The data from the Massachusetts Association of REALTORS® (MAR) indicated a 1.7 percent drop in single-family home sales compared to April 2006 and a 2.3 percent drop in prices. … (0 comments)

real estate industry: U.S. Existing Home Sales Decline - 05/29/07 05:31 PM
Sales of existing homes in the U.S. declined 2.6 percent in April, the Associated Press reported May 26, 2007.
The National Association of REALTORS® released the data.
The median price of a home in the U.S. fell to $220,900, a 0.8 percent drop from the median price a year ago and … (2 comments)

real estate industry: Economy.com's Mark Zandi on the Housing Market - 05/05/07 06:34 AM
Mark Zandi of Moody's Economy.com discussed the housing market and the nation's economy in general on WBUR's Here & Now radio show on April 25, 2007.
Zandi believes the housing market across the nation will continue to weaken through the summer.
USA Today reported April 25, 2007 that U.S. existing homes … (0 comments)

real estate industry: New Home Construction Rises, New Permits Fall - 03/28/07 07:13 PM
Construction of new homes rose 9 percent in February, but applications for new permits fell 2.5 percent, the Associated Press reported March 20, 2007.
Even with the better-than-expected rebound, activity remained 28.5 percent below the level of a year ago.
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In other news, U.S. Mortgage applications slipped by just 0.2 percent … (0 comments)

real estate industry: U.S. Home Sales Rise in February - 03/28/07 07:10 PM
U.S. sales of existing homes rose by 3.9 percent in February, the largest increase since March 2004, the  Boston Herald reported on March 23, 2007.
After a tough 2006, the sales increase surely was music to the ears of listing agents.
"After five years in which sales set new records, [U.S.] sales … (0 comments)

 
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