Currently viewing the category: "Existing Home Sales"

Existing Home Supply Is Plummeting–Down 40% In Last 6 Months

On February 24, 2011 By

With supplies falling and the repeat buyers beginning to dominate the market, the forecasts are for rising home prices in the coming months.

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Existing Home Supply Down 40% In Last 6 Months

On February 24, 2011 By

Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

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Home Supplies Plummet, Putting Pressure On Prices To Rise

On January 21, 2011 By

Existing surged 12 percent last month, closing 2010′s housing market with strength. An “existing home” is a home that cannot be categorized as new construction; a resale.

According to the Continue Reading →

Home Supplies Plummet, Putting Pressure On Prices To Rise

On January 21, 2011 By

According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Housing Showing New Strength

On December 23, 2010 By

We may not be getting a wild and crazy skyrocketing housing market, but it looks like we’re getting the beginnings of a healthier, more sustainable housing market. If you’re looking at buying a home in 2011, please don’t wait until the snow melts. If the market keeps improving like this, your home affordability will worsen.

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Home Inventory Dwindles Into The New Year

On December 23, 2010 By

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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October Existing Home Sales : Buyers And Sellers In Balance

On November 24, 2010 By

It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

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Existing Home Sales Jump; Housing Market Shows Spark

On October 26, 2010 By

“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Existing Home Sales Rebound In August, Give Hope For Autumn

On September 24, 2010 By

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Buyers Gain Leverage on Existing Home Sales Drop

On August 25, 2010 By

Home buyers today have timed it right.

Yesterday’s post addressed the fact that home loan approvals are getting easier. (Full Article: Home Loan Approvals Getting Easier ) Mortgage rates are at their lowest levels in history. Home prices, while recovering, still sit well below their April 2007 highs.

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