Most Recent in News sales
on May 15,2011
Freddie Mac last week released its U.S. Economic and Housing Market Outlook for May showing a pick-up in economic growth in the second half of 2011 and a projected 5 percent increase in 2011 home...
on May 06,2011
Home builders must be firing on all cylinders to make money during these trying times, says John Burns, CEO of John Burns Real Estate Consulting. Burns highlights four common strategies firms are...
on April 29,2011
As more home builders flock to housing markets that have remained relatively healthy through the downturn, the increased competition is starting to impact sales, according to new data from John Burns...
on April 29,2011
Home-sales contract activity has now increased six of the past nine months, as the Pending Home Sales Index saw gains in March, according to the National Association of Realtors. The index, a forward...
on April 25,2011
Sales of new single-family houses in March 2011 were at a seasonally adjusted annual rate of 300,000, 11.1 percent above the revised February rate of 270,000, according to estimates released jointly...
on April 15,2011
The inventory of homes for sale rose slightly in March in many metropolitan areas across the nation. According to data compiled by ZipRealty, the listing inventory rose 1.1 percent in 23 metropolitan...
on April 14,2011
Bank of America, Wells Fargo, and JP Morgan Chase were among 14 financial institutions to receive penalties last week from the federal government for improper foreclosures. The banks were also...
on April 04,2011
Residential construction spending dropped in February, with home improvement spending leading the decline, after an unexpected increase in January.
on April 01,2011
A Russian billionaire purchased a new home in California for $100 million, the highest known price paid for a single-family home in the U.S. Yuri Milner, who made his fortune investing in enterprises...
on March 31,2011
The “shadow inventory”—the supply of homes in foreclosure or owned by banks but not yet listed for sale—fell in January, but could affect the housing market as weak sales and prices persist.
on March 30,2011
The number of second home sales dropped in 2010, but the market share held steady, according to new data released by the National Association of Realtors. The 2011 Investment and Vacation Home Buyers...
on March 29,2011
Thirteen percent of all U.S. homes stand vacant, according to U.S. Census Bureau data.
on March 28,2011
Following a two-month slide, the Pending Home Sales Index rose 2.1 percent to 90.8 based on contracts signed in February, according to the National Association of Realtors. Since bottoming out last...
on March 23,2011
The housing market contracted last month as new home sales fell to 250,000, 16.9 percent lower than January’s upwardly revised 301,000 and 28 percent lower than February of last year, according to...
on March 22,2011
More borrowers are opting for adjustable-rate mortgages (ARMs) in the years since the housing crisis, but today’s ARMs look different than the gimmicky loans of the past.
on March 21,2011
Existing home sales decreased after three consecutive months of increases as tight credit continued to hold back buyers, the National Association of Realtors found in its latest report. Home resales...
on March 17,2011
Newly released U.S. census data shows that Nevada has a record number of empty homes, more the double the amount in 2000.
on March 16,2011
Unless it can raise nearly $2 million in the next month, private home builder Estridge Group may have to shut down, IndyStar reported.
on March 15,2011
Home prices continued to drop across the U.S. in January, falling for the sixth consecutive month as several factors continue to affect the housing market.
on March 09,2011
More homeowners fell underwater in the fourth quarter as home prices continued to drop.