Ignore the spin folks. Existing home sales are down 31% from their peak in 2005 and nearly 16% from last year.
Get the full story...
The pending home sales index unexpectedly rose in April by 6.3% to 88.2 from the previous month. Lawrence Yun, chief economist for the NAR, claims that this is due to an increase in bargain-hunting in areas where home prices have declined significantly.
Get the full story...
In San Diego you’ll get a second home for free with the purchase of another (more expensive home).
Get the full story...
Sales of previously owned homes declined 1% from the prior month to an annual pace of 4.89 million.
Get the full story...
Existing home sales down 1.1% in the West but up in the rest of the country.
According to the National Association of Realtors:
Get the full story...
The real estate situation in Florida is still very bleak as the numbers from the Florida Association of Realtors release show that the housing market is in Florida despite some reports of strengthening sales in South are still very weak.
Get the full story...
Dataquick came out with a new report on the California housing market for November 2007 and, as expected, the news are awful.
Get the full story...
Sales of existing homes fell to a record low in October, as even the largest drop in home prices ever wasn't enough to revive sales, according to NAR.
Get the full story...
Existing home sales were essentially unchanged in July, with increases in the West and Northeast offset by a decline in the Midwest, according to the National Association of Realtors®.
Get the full story...
Sales of existing homes held steady with a modest gain last month, another indicator that the housing market is transitioning into a more normal market in contrast with unsustainable activity last year, according to the National Association of Realtors.
Read the full story