Tag Archives: Tax Credit

Pending Home Sales Beat Expectations in July

Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading

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Why Rise in Home Prices May Not Mean Much—Yet

Average home prices through May increased for the second month in a row, according to the latest SP/Case-Shiller Home Price Indices, which measure both the top ten and top twenty housing markets in the US. Prices are still down from … Continue reading

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Home Prices See Gains, But That’s Not the Whole Story

Page 1 of 2 | Next PageShow Entire Article It is not exactly a trend, but for the second-straight month, U.S. home prices saw year-over-year gains. Including distressed sales (foreclosures and short sales), prices rose 1.1 percent in April, according … Continue reading

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Housing’s Double Dip Part II: Rising Foreclosures

Page 1 of 3 | Next PageShow Entire Article Just as we saw a double dip in home prices, we may be seeing another surge in foreclosures. And just as the home price scenario was caused by artificial government stimulus, … Continue reading

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Home Sales Contracts Rise, But Cancellations Run High

Page 1 of 3 | Next PageShow Entire Article Last month, the National Association of Realtors reported a huge jump in cancellations of pending home sale contracts. 16 percent of contracts didn’t make it to closing, up from a norm … Continue reading

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