Existing home sales adult 6.5% as housing recovers

Existing home sales rose 6.5% in July, reaching their top turn in scarcely 4 years, a National Association of Realtors pronounced Wednesday. Homes sole during a 5.39 million seasonally practiced annual rate, a organisation said, handily violence economists’ forecasts of a 5.15 million sales pace. The sales rate was adult 17% from a same month […]

Pending home sales tumble somewhat in July

Signed contracts to buy homes fell in Jul as aloft debt seductiveness rates slowed a market, according to a National Association of Realtors. The tentative home sales index declined declined 1.3% in Jul from June, though was 6.7% above year progressing levels, a organisation conspicuous Wednesday. “The medium decrease in sales is not nonetheless concerning,” […]

July existing-home sales strech four-year high

“The distance of a boost was a surprise,” given a series of people requesting for mortgages has forsaken neatly given rates began to arise in early June, pronounced Patrick Newport, an economist during IHS Global Insight. Sales are expected to “plunge” in Aug to equivalent July’s surge, he said. Mortgage rates have been rising usually […]

Pending home sales top in some-more than 6 years

By Paige Gance WASHINGTON | Thu Jun 27, 2013 10:03am EDT WASHINGTON (Reuters) – Contracts to squeeze formerly owned U.S. homes rose in May to a top turn in some-more than 6 years as buyers rushed to a marketplace to close in deals before seductiveness rates stand higher. The National Association of Realtors pronounced on […]

First-time buyers losing out as home sales rise

Existing-home sales fell 0.6% in Mar from February.(Photo: Kevork Djansezian, Getty Images) U.S. home prices have risen for 14 loyal months, though one set of buyers has been increasingly on a sidelines: first-time home buyers. In May, first-time buyers accounted for 28% of existing-home purchases, down from 34% a year before and 36% dual years […]

Is now a time to buy a home?

(MoneyWatch) Buying a home appears to be one of this summer’s biggest trends. Bidding wars, jacked-up prices and swamped open houses: There are fear stories around a nation of buyers in hunt of genuine estate. Buying a residence in a midst of a feeding frenzy might not be a wisest strategy. But if we wait […]

May home sales adult 4.2%; median cost adult 15.4%

A “Sale Pending” pointer is seen in front of a home in Miami.(Photo: Joe Raedle Getty Images) Existing home sales softened in May though a supply of homes for sale stays parsimonious — that isn’t good news for buyers, a National Association of Realtors pronounced Thursday. Total existent home sales increasing 4.2% to a seasonally […]

Rising home prices rescue underwater homeowners

The Denver suburb of Broomfield.(Photo: George Rose, Getty Images file) Demonstrating a energy of rising home prices, a series of underwater homeowners has forsaken next 10 million for a initial time in some-more than during slightest 3 years. Nationwide, 9.7 million, or 19.8% of homeowners with a mortgage, due some-more on their homes than they […]

Vacation home shopping? Prices are adult a little

Luxury houses in vacation areas, like this one in a Hamptons in New York, are saying slower increases in prices than in a housing marketplace overall.(Photo: AP) Home prices in vacation areas are on a upswing with a rest of a housing marketplace though not as much. As of May 1, median seeking prices per […]

Zillow: Home values rising some-more solemnly – USA Today

A “For Sale” pointer in front of a Florida house.(Photo: Joe Raedle, Getty Images file) National home cost gains slowed in a initial entertain after a large pull late final year though remained during a “boil” in some markets, according to genuine estate website Zillow. Zillow’s first-quarter home value index was adult 0.5% from a […]