national association of realtors: Existing home sales up 3.1 percent - 08/25/08 09:50 AM
Nationwide sales of existing homes rose 3.1 percent off a ten year low last month, according to the latest National Association of Realtor report.
It's the highest level of existing home sales in five months.
Still, resales were well below July 2007 - which are down 13.2 percent nationwide.
The (2 comments)
national association of realtors: Surprise! Pending home sales are up - 08/07/08 10:35 AM
The number of signed contracts to buy a home unexpectedly rose last month to the highest level seen in eight months.
According to the National Association of Realtors' Pending Home Sales Index released today, the number of contracts signed in June was up 5.3 percent from a downwardly-revised figure in (0 comments)
national association of realtors: A bit of good news - 05/15/08 11:21 AM
At times, it's easy to get broadsided by all of the negative news in the real estate industry. Increasing foreclosures, homeowners under water, home prices falling: everything points to an industry in free-fall.
Well, not everything.
One of the obvious effects of plummeting home prices is that houses are becoming more (0 comments)
national association of realtors: Home prices continue sharp descent - 05/13/08 01:15 PM
From CNN:
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.
The median sales price fell to $196,300, down 4.8% compared with the last three months of 2007.
Lawrence Yun, the chief economist of NAR, (2 comments)
national association of realtors: Pending home sales hit another low - 05/07/08 04:05 PM
From CNN: The number of homes under contract for sale fell in March, hitting a record low for the second consecutive month, according to a report released Wednesday. The National Association of Realtors' (NAR) Pending Home Sales Index fell to 83 in March, down 1% from a downwardly revised reading of 83.8 in (2 comments)