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Recent Data Show New Home Sales Leveling...

Posted by admin in Home Sales, Mortgage Rates, new homes, Real Estate, US Economy on 08 14th, 2009 | No Comments
It’s all about how you look at it, the most recent new home sales data from Hanley Wood Market Intelligence shows a little of both. Good and Bad news, sales contracts have increased, as prices have declined. Looking at it year over year, it may appear there is little improvement on the horizon....
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Economy is Leveling Out, Rates…...

Posted by admin in Uncategorized on 08 13th, 2009 | No Comments
Economy is Leveling Out, Rates to Remain Low; FED http://tinyurl.com/kkvnsx
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Economy is Leveling Out, Rates to Remain...

Posted by admin in Federal Reserve, Home Sales, Mortgage Rates, new homes, Real Estate, US Economy on 08 13th, 2009 | No Comments
The recession appears to be ending, says the Federal Reserve. The Fed delivered a vote of confidence on Wednesday, after continuing to hold the overnight rate at a record low of 0.0-0.25%. They also pledged to keep them there for “an extended period” with the anticipation to nurture the anticipated...
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Home Prices Rise in 39 States...

Posted by admin in Uncategorized on 08 12th, 2009 | No Comments
The NAR or National Association of Realtors, annouced today that on a state by state basis, prices have are rising on homes in 39 states, on a sequential basis. They also proclaimed the gains will be sustainable. Foreclousre and short sales made up about 1/3 of all sales, which did weigh down on pricing. Lower...
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SoCal Median Homes Prices Surge in June...

Posted by admin in Uncategorized on 08 11th, 2009 | No Comments
SoCal prices have shown we may be passed the bottom. Unfortunately we won’t know for certain until prices start to rise…In June, they did just that! 6.4% rise in prices from May. Home Sales for June 2009
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Outlook for Real Estate: Entering Growth...

Posted by admin in new homes on 08 11th, 2009 | No Comments
Low interest rates, and progressive jumps in pending home sales help to lead housing out of the doldrums into growth mode — in some hard hit areas, prices increases have been starting to slowly tick up. Multiple offers in some areas for low priced homes. [source: Realty Times]
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New Homes, Prices Drop and Sales Rise fo...

Posted by admin in new homes on 08 10th, 2009 | No Comments
The sales rise to 11% for new single-family homes.  Despite the monthly increase, sales of new homes were still down 21 percent from June 2008. The market is still swamped by a glut of for-sale houses. And new homes, facing competition from cheap foreclosures, are sitting on the market for close to...
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Rates Drop, as Mortgage Demand…...

Posted by admin in Uncategorized on 08 10th, 2009 | No Comments
Rates Drop, as Mortgage Demand is Boosted http://www.cnbc.com/id/32295096
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NAHB to Congress: EXTEND TAX C…...

Posted by admin in Uncategorized on 08 10th, 2009 | No Comments
NAHB to Congress: EXTEND TAX CREDIT…http://tinyurl.com/lwlqur
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