Posted on January 5th, 2010, by DHW
Read the National Association of Realtors’ full press release.
“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 [...]
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Tags: home sales, november, pending home sales index, pending sales, realtors
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Posted on December 30th, 2009, by DHW
Despite the increase in real estate sales in 2009, commissions earned by real estate brokers and agents reached a seven year low. The National Association of Realtors reported that nearly 75% of homes sold last month were $250,000 or less. Housing tax credits and foreclosures are expected to lower the national median home price to [...]
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Posted on December 29th, 2009, by DHW
Analysts are forecasting a slow winter for home sales. In addition to the bitterly cold weather much of the nation is encountering this season, experts feel the extended tax credits and slightly higher interest rates will keep home sales (and prices) on ice. Sales are expected to come back to life next spring.
DHW asks: Will [...]
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Tags: home prices, home sales, Housing, interest rates, Real Estate, tax credit, winter
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Posted on December 22nd, 2009, by DHW
According to the National Association of Realtors, November home sales skyrocketed 7.4 percent. Analysts were predicting an increase of 2.9 percent. The housing tax credits are credited with the spike in sales.
There are 129 days until the housing tax credits run out. For more details about the housing tax credits, visit our Housing Tax Credit [...]
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Tags: bill h.r. 3548, bill hr 3548, home sales, Housing, housing tax credits, realtors, worker homeownership and business assistance act of 2009
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Posted on December 1st, 2009, by DHW
The National Association of Realtors reported its seasonally adjusted index of sales agreements inched up 3.7 percent from September to October to 114.1. Economists surveyed by Thomson Reuters predicted the index would sink to 109.5.
The housing industry’s index represents offers written and accepted for existing properties. All parts of the country saw a year-over-year increase [...]
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Tags: $6500, $8000, housing credit extension, pending home sales, realtors, tax credit
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Posted on November 23rd, 2009, by DHW
From the AP:
“Home sales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.
The National Association of Realtors said Monday that home resales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a [...]
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Tags: $6500, $8000 tax credit, first time homebuyers, home sales, homebuyers, Housing, housing credit extension, housing news, Real Estate, real estate news, tax credit extension
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Posted on November 16th, 2009, by DHW
As any good Realtor will tell you, price moves a home. But sometimes Realtors (as well as sellers) are afraid to take their own advice. As housing evaluations have dropped around the country, listing prices have been slow to follow. To get the job done, and your home sold, a price reduction might be in [...]
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Posted on November 16th, 2009, by DHW
A survey released last week by Move.com, a real estate website, shows 1 in 5 Americans plan on purchasing a home within the next year. The survey also revealed these buyers are most likely to be 34 years of age or younger and live in the South or West.
It should be noted this survey was [...]
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Posted on November 14th, 2009, by DHW
Lawrence Yun, chief economist for the National Association of Realtors, predicted on Friday that home prices will rise in 2010. If his prediction holds true, home prices will see their first increase in four years.
Yun pointed to the current price-income ratio of 2.4 as evidence of pent-up demand in the market. The price-income ratio accelerated [...]
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Posted on November 10th, 2009, by DHW
Critics of the Housing Tax Credit were quieted, if only briefly, when the National Association of Realtors (NAR) released data for third quarter home sales. According to the trade group, home sales increased by nearly 6% over this same time last year. Despite the spike in sales, prices have fallen more than 11% during the [...]
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