home sales: Short Sal Great Investment Opportunity - 06/02/12 05:39 AM
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home sales: NAHB: Flawed appraisals killing more deals - 12/12/11 03:28 PM
WASHINGTON – Dec. 12, 2011 – In many recent cases, new homes are being appraised for less than the cost of construction, according to the National Association of Home Builders. Builders are blaming flawed appraisals for holding back the housing market’s recovery, saying that new homes should not be compared to foreclosed homes that have sat vacant and are in disrepair.“The inappropriate use of distressed and foreclosed sales as comparables in determining new home values is needlessly driving down home prices, killing home sales, causing more workers to lose their jobs and delaying a housing and economic recovery,” says NAHB Chairman
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home sales: Bargains abound: What are buyers waiting for? - 10/28/11 02:48 PM
With low home prices and ultra-low interest rates, the housing market offers "perhaps the best deals of a generation." Read more.
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home sales: CoreLogic Index shows home price increase - 06/02/11 04:53 PM
SANTA ANA, Calif. - June 2, 2011 - CoreLogic released its April Home Price Index (HPI), which shows that home prices in the U.S. increased on a month-to-month basis by 0.7 percent between March and April, 2011 - the first such increase since the homebuyer tax credit expired in mid-2010.However, national home prices - including distressed sales - declined by 7.5 percent in April 2011 compared to April 2010 after declining by 6.8 percent in March 2011 compared to March 2010. Excluding distressed sales, year-over-year prices declined by 0.5 percent in April 2011 compared to April 2010 and by 1.6 percent
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home sales: Economy, affordability to drive home sales - 05/16/11 02:56 PM
WASHINGTON - May 16, 2011 - Home sales are on track to outperform last year, even though the market doesn't have the benefit of the homebuyer tax credit, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 Realtors® Midyear Legislative Meetings.Yun credits sustained economic growth, the slowly recovering jobs picture and historically high affordability conditions. Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year,
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home sales: Florida Realtors pushed for short sale bill - 04/21/11 03:03 PM
Pres. Fitzgerald is a key contact to its U.S. House sponsor; bill is a goal of Florida Realtors' short sale work group. Read more.
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home sales: Buyers ready to snatch bargains this spring - 03/23/11 02:21 PM
Economists say hesitant buyers should jump into the market soon, afraid they'll miss the best deals by waiting longer. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=257166
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home sales: UF survey: Florida’s real estate outlook perks up in several areas - 02/02/11 02:50 PM
Fourth quarter survey sees improvement in new single-family homes and condos, offices, retail, land investment and capital. Read more.
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home sales: Pending home sales continue uptrend - 01/27/11 04:22 PM
The number of real estate contracts signed in Dec. rose 2% over Nov.; the South, which includes Fla., rose 11.5%. Read more.
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home sales: New home sales jump 17.5% in Dec. - 01/26/11 01:11 PM
It's the highest level since April when the first-time homebuyer tax credit gave the market a temporary boost. Read more.
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home sales: Florida’s existing home, condo sales up in Dec. and for 2010 - 01/20/11 04:30 PM
Home sales up 4%, condo sales up 12%; 2010 home sales up 5%, condo sales up 29%. NAR: national sales up 12.3%. Read more.
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home sales: Fla. existing condo sales rise in Nov. - 01/04/11 04:18 PM
Nationally, new home sales and existing home sales also rose. NAR chief economist sees favorable trends heading into 2011. Read more.
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home sales: Strong rebound in pending home sales - 12/02/10 03:45 PM
Pending home sales surged 10.4% in Oct. after bottoming in June - a "solid double-digit percentage gain," says NAR. Read more.
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home sales: Pending home sales slip – modest recovery expected in 2011 - 11/05/10 03:04 PM
Index retreats after two monthly gains, possibly due to foreclosure paperwork problems. NAR predicts uptick in 2011. Read more.
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home sales: Florida’s existing home, condo sales up in August - 09/23/10 03:51 PM
Fla. home sales rise 1% over Aug. '09; condo sales up 22%; national sales rise 7.6%, easing fear of post-tax credit drop. Read more.
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home sales: Pending home sales rise - 09/02/10 02:40 PM
As the homebuyer tax credit expired, pending home sales dropped; but the numbers switched direction in July, rising 5.2%. Read more.
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home sales: Economic outlook: Jobs key to home sales - 08/26/10 04:25 PM
With lots of foreclosures and rates scraping 4.5%, the American Dream is within grasp - but timing couldn't be worse. Read more.
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home sales: Florida’s existing home, condo sales up in 2Q 2010 - 08/11/10 03:38 PM
Statewide sales up 21% compared to 2Q '09; condo sales up 45%. Fla.'s 2Q home, condo median prices higher than 1Q. Read more.
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home sales: Florida’s existing home, condo sales rise in June 2010 - 07/22/10 03:38 PM
Statewide sales up 15% compared to June '09; condo sales up 33%. Fla.'s June home median price higher than May's. Read more.
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home sales: Florida’s existing home, condo sales rise in May - 06/22/10 03:43 PM
Statewide sales up 18% compared to May '09; condo sales up 40%. Statewide home median price up slightly over April. Read more.
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