Home sales in USA

New Home Sales or Recession?

admin_huliq — Tue, 27 May 2008 12:04:43 -0500

Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, said in an interview published Sunday he believes the U.S. economy is already in a recession.

Home Prices Decline Further, New Home Sales "Increase"

admin_huliq — Tue, 27 May 2008 10:48:52 -0500

The Case-Shiller housing index showed declines in home prices of 14% year-over-year and 6.7% from the fourth quarter. Las Vegas led the pack with a 26% drop, followed by Miami and Phoenix with 25% and 23% declines respectively.

New-Home Sales Dismal, Nobody Drinking Macchiatos

admin_huliq — Thu, 24 Apr 2008 12:22:39 -0500

New home sales fell 8.5% to an annual pace of 526,000, the lowest since October 1991. The median price fell 13.3% from the same time last year and inventories rose to 11 months. While this is not related to Starbucks, there is some connection.

Top 10 Best Cities For Selling A Home or Real Estate

admin_huliq — Fri, 11 Apr 2008 07:36:57 -0500

Four factors are widely seen as affecting whether a housing market is a good one for sellers: job growth, amount of new construction, vacancy rates, and credit availability.

Chances of Selling Your Seattle Home in March, 2008

admin_huliq — Fri, 11 Apr 2008 07:28:34 -0500

The chances of selling a home on the Eastside in March 2008 ranged from a low of 7.26% to a high of 21%, with an average 13.5% absorption rate. The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.

Home Sales, Prices Expected to Drop this Year: NAR

admin_huliq — Thu, 13 Mar 2008 08:53:54 -0500

The National Association of Realtors expects the median price of U.S. resale homes to drop 1.2 percent this year, following a 1.4 percent decline in 2007, with sales of resale homes slipping for the third consecutive year.

Housing Market Indicators In Florida

admin_huliq — Fri, 18 Jan 2008 20:41:40 -0600

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.

Home sales in Florida slower in October

admin_huliq — Sat, 29 Dec 2007 07:01:46 -0600

Disruptions in the mortgage market and tightening credit continued to impact the housing sector in Florida in October. Statewide, sales of existing single-family homes totaled 9,165 last month while 12,846 homes sold in October 2006 for a decrease of 29 percent in the year-to-year comparison, according to the Florida Association of Realtors® (FAR).

Dataquick report: California home sales down 38% from last year

admin_huliq — Thu, 27 Dec 2007 07:57:47 -0600

Dataquick came out with a new report on the California housing market for November 2007 and, as expected, the news are awful.

Home Sales Faced A Tough October

admin_huliq — Wed, 28 Nov 2007 10:30:46 -0600

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.

The Property Overvalue Has Definitely Decreased In Florida

admin_huliq — Fri, 14 Sep 2007 13:29:47 -0500

The St Petersburg Times reports from Florida. “Last year, a Brandon townhouse seemed like the perfect investment for Richard Wojciechowski. He bought a 1,700-square-foot Sabal Pointe home and listed it at $229,000. The retired banker thought it would be an easy sell. But 14 months later, in Hillsborough’s slowest housing market in seven years, the place is still for sale.”

Hovnanian Homes Launches 'The Deal of the Century'

admin_huliq — Thu, 13 Sep 2007 17:19:36 -0500

Southern Californians can now save big on a brand new home during 'The Deal of the Century' Sales Event* from September 14-16! Award-winning K. Hovnanian Homes is launching this 72-Hour Sale at 31 neighborhoods from Bakersfield to San Diego with incentives worth up to $100,000* and extra appliances or upgrades!