| Home Glut Blamed on Fewer New Households |
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| October 19th, 2010 | | Posted in Census, Employment, Home Sales Index, Homes Sales | No Comments |
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There were 357,000 new households created between March 2009 and March 2010, down from about 1.3 million per year between 2002 and 2007, according to U.S. Census Bureau data. With household formation at a 63-year low, the supply of homes on the market is nearing a record high. “When people are afraid of losing their [...]
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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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