| Existing-Home Sales Rise Again in January |
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| March 18th, 2011 | | Posted in Affordability, Consumer confidence, Home Sales Index, Homes Sales, Mortgage Rate, NAR, Statistic | No Comments |
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Washington, DC, February 23, 2011 The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above year-ago levels, according to the National Association of REALTORS®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 2.7 percent to a seasonally [...]
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| Trulia report shows buying cheaper than renting in most major metro areas |
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| January 26th, 2011 | | Posted in Affordability, Home Sales Index, Homes Sales, Mortgage Rate, Retail Sales, Statistic | No Comments |
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Monday, January 24th, 2011, 11:02 am It is cheaper to buy a two-bedroom home than rent one in 72% of major metropolitan areas around the U.S., according to the Trulia rent vs. buy index released Monday. The real estate data firm said increased demand for rental properties is driving the cost of homeownership down nationwide. “Since the [...]
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| Foreigners flock to Florida real estate bargains |
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| December 17th, 2010 | | Posted in Affordability, Homes Sales, Retail Sales | No Comments |
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MIAMI – Dec. 16, 2010 – Foreign tourists are snapping up bargain-priced apartments and houses in Florida, taking advantage of such deals as $70,000 to $100,000 apartments in popular South Beach. Most buyers hail from Latin America, Europe and Canada. “The buying opportunities are maybe the best ever. Who knows if we’ll see prices again [...]
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| Home Sales Could Enter ‘Virtuous Cycle’ |
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| November 15th, 2010 | | Posted in Affordability, Consumer confidence, Homes Sales, NAR, Statistic | No Comments |
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Consumer confidence and business spending are key to whether the U.S. housing market will move into a virtuous or a vicious cycle in 2011, NAR Chief Economist Lawrence Yun told a packed audience at the Residential Economic Outlook Forum Friday in New Orleans. After the downturn, the housing market has clawed its way back to [...]
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| Nearly Eight in 10 Americans Still Believe Buying a Home Makes Good Financial Sense |
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| October 21st, 2010 | | Posted in Affordability, Consumer confidence, Homes Sales, Mortgage Rate | No Comments |
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Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual report released today by the National Association of Realtors®. The survey, which measures how affordable housing issues affect consumers, also found [...]
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| Numbers and more… |
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| October 15th, 2010 | | Posted in Affordability, Consumer confidence, Employment, Home Sales Index, Homes Sales, Mortgage Rate, Retail Sales, Statistic | No Comments |
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Housing and economic indicators provide my readers with tools to interpret the market and apply that knowledge to their business. In addition to NAR’s own existing-home sales series, NAR Research monitors other indicators such asnew-home sales, housing starts, producer prices, mortgage rates and more… Existing-Home Sales (Aug) – 4.13 million units* Source: NATIONAL ASSOCIATION OF REALTORS® Existing-Home Median [...]
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| 10 Reasons To Buy a Home |
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| September 16th, 2010 | | Posted in Affordability, Employment, Homes Sales, Mortgage Rate, Naples Real Estate, Retail Sales | No Comments |
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Enough with the doom and gloom about homeownership. Brett Arends explains why owning a home is a good thing. By BRETT ARENDS/WSJ September 16. 2010 1. You can get a good deal. Especially if you play hardball. This is a buyer’s market. Most of the other buyers have now vanished, as the tax credits on [...]
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