Tag Archives: Tax Credit

Cancellations Roil Realtors

Page 1 of 3 | Next PageShow Entire Article Forecasters expected sales of existing homes to rise in June because the pending home sales index, which measures signed contracts, rose in May. If you consider it takes 1-2 months to … Continue reading

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Existing Home Sales Fall Less Than Expected

Page 1 of 3 | Next PageShow Entire Article Sales of existing homes fell 3.8 percent in May, not as deep a drop as some had forecast, to a seasonally adjusted annual rate of 4.81 million units. April’s figure was … Continue reading

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If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?

Page 1 of 2 | Next PageShow Entire Article As mortgage rates continue to fall, so too are home sales. That wouldn’t make sense in a normal housing market, but these are very unique times. Credit, or lack thereof, coupled … Continue reading

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Who Will Buy the Foreclosures?

Page 1 of 2 | Next PageShow Entire Article Not to sound like a broken record, but only when we work through the vast inventory and shadow inventory of foreclosed properties, can home prices bottom and housing recover overall. Obviously … Continue reading

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Credit Rules the Housing Market

Page 1 of 2 | Next PageShow Entire Article Existing home sales were basically flat in April, down close to one percent month-to-month and down nearly 13 percent year-over-ear, but you have to remember last year we were heavily under … Continue reading

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