Tag Archives: Distressed Properties

Pending Home Sales Surge to Five Year High

Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading

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Builders Warn on Housing

It’s one thing to jump on the bandwagon when things are getting better, it’s quite another to jump off of it when everyone around you, not to mention your own company’s earnings, would seem to confirm that sentiment. But that’s … Continue reading

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Housing Still Precarious in Obama’s Second Term

The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading

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What Today’s Jobs Report Says About the Housing Market

Any jump in jobs is good for housing, and October’s gain of 171,000 is no different. One of the biggest barriers to entry for potential home buyers, new and move-up, has been uncertainty in employment. So this positive report can … Continue reading

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Home Prices Rise, but Analysts See Pressure Ahead

While sales of existing homes are still on a bumpy road to recovery, home prices are seeing steady gains.  Nationally, prices rose 2.6 percent in August, according to a repeat sales index from Lender Processing Services. Prices are up an … Continue reading

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