Category Archives: Real Estate

These are places where the jobs are plentiful, and the pay, given the lower cost of living, buys more than in bigger cities. In other words, places unlike much of the rest of the country. The cities, most of which … Continue reading →

Last Friday the National Association of Realtors (NAR) reported that their gauge of Pending Home Sales dropped 1.8% in September from an upwardly revised August reading. The pending sales index reflects signed contracts. Since it typically takes a few months … Continue reading →

In September, U.S. sales of new single-family homes were ridiculously low, at only 307,000 units (seasonally adjusted and annualized), according to a joint press release issued by the Census Bureau and the Department of Housing and Urban Development. The U.S. homes … Continue reading →

Sales of new homes rose 6.6 percent in September to a seasonally adjusted annual rate of 307,000, the U.S. Commerce Department said Wednesday. Sales have been on the increase for two months, although year-over-year, new-home sales in September were down … Continue reading →

Builder Confidence Improves in October Builder confidence in the market for newly built, single-family homes rose three points to 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for October, released today. This was the first … Continue reading →

About 30% of home sales are distressed properties. Closings and future purchase contracts on distressed properties may not take place while a foreclosure moratorium is in effect to sort out title and foreclosure issues with recent vintage mortgages. And a … Continue reading →

WASHINGTON (MarketWatch) — The prospects in the global real estate sector are “dismal,” with a downturn that could last eight years, the International Monetary Fund warned Wednesday. The IMF sees problems both in the “bust” countries, such as the United … Continue reading →

Over the past several weeks we have conducted a survey of approximately 500 residential real estate brokers across the country to gain a better understanding of the housing market on a local, state, and regional basis. If housing truly is … Continue reading →

The state’s largest open house kicks off this weekend. From noon to 5 p.m. today and Sunday, more than 180 new homes all over Wake County will be open for your perusal. Be sure to wear comfortable walking shoes or … Continue reading →

Four Texas cities, including Houston, Dallas, Austin and San Antonio and Charlotte and Raleigh in North Carolina are among the twenty cities with the most housing permits in last twelve months. Both Los Angeles and Miami had large gains in August permits … Continue reading →