You are here: Home \ Tag: existing-home sales

Posts tagged as:

existing-home sales

When Will the Housing Market Rebound?

by Raja TayebMay 14, 2010 Foreclosures

All the signs are there for continued improvement in the economy as well as housing markets, but it will be several years before real estate practitioners can expect to see markets returning to equilibrium, two of the country’s top economists told REALTORS® this week.
By the end of this year, practitioners should see 5.4 million existing-home [...]

1 comment Read the full article →

Home Sales Rise on Tax Credit, Favorable Market

by Raja TayebApril 23, 2010 Foreclosures

Buyers responding to the home buyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of REALTORS®.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 6.8 percent to a seasonally adjusted annual rate of 5.35 [...]

2 comments Read the full article →

Existing-Home Sales Show Modest Dip

by John TayebMarch 23, 2010 Foreclosures

Existing-home sales declined slightly in February, with modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to the National Association of REALTORS®.
Existing-home sales, which are finalized transactions that include single-family, townhomes, condominiums, and co-ops, slipped 0.6 percent nationally to a seasonally adjusted annual rate of 5.02 million [...]

1 comment Read the full article →

Existing-Home Sales Down, Prices Steady

by Raja TayebFebruary 27, 2010 Foreclosures

Existing-home sales fell in January but are above year-ago levels, according to the National Association of REALTORS®.
Existing-home sales — including single-family, townhomes, condominiums, and co-ops — dropped 7.2 percent to a seasonally adjusted annual rate of 5.05 million units in January from a revised 5.44 million in December, but remain 11.5 percent above the 4.53 [...]

1 comment Read the full article →

Fourth Quarter Home Sales Surge 13.9%

by John TayebFebruary 15, 2010 Home Buyer Tax Credit 2009

Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the NATIONAL ASSOCIATION of REALTORS®.
Sales increased from the third quarter in 48 states and the District of Columbia; 32 states even [...]

1 comment Read the full article →

Pending Home Sales Down from Surge but Higher than a Year Ago

by John TayebJanuary 8, 2010 Foreclosures

Contract activity for pending home sales fell after a surge of activity in preceding months to beat the original deadline for the first-time home buyer tax credit but remains comfortably above a year ago, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in November, fell [...]

2 comments Read the full article →

Another Big Gain in Existing-Home Sales

by John TayebDecember 24, 2009 Foreclosures

Existing-home sales rose again in November as first-time buyers rushed to close sales before the original Nov. 30 deadline for the recently extended and expanded tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally adjusted annual rate of 6.54 million [...]

0 comments Read the full article →

Nine Consecutive Gains for Pending Home Sales

by John TayebDecember 9, 2009 Foreclosures

Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in October, increased 3.7 percent to 114.1 from 110.0 in September, and is [...]

0 comments Read the full article →

Real Estate Insights – November 2009

by John TayebNovember 29, 2009 Housing Market News Update

In This Issue
“There’s Good News Tonight” The first-time home buyer tax credit, originally scheduled to expire on November 30th, has been extended – and expanded. That is indeed good news for first-time buyers, as well as repeat buyers, many of whom will be able to take advantage of the program. In his commentary this month, [...]

0 comments Read the full article →

Existing-Home Sales Record Big Gains

by John TayebNovember 27, 2009 Housing Market News Update

Driven by the home buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, according to the NATIONAL ASSOCIATION OF REALTORS®. At the same time, inventories have continued to decline.
Existing-home sales—including single-family, townhomes, condominiums and co-ops—surged 10.1 percent to a seasonally adjusted annual rate [...]

0 comments Read the full article →