Archives
Statewide home sales remain subdued in November as year ends
LOS ANGELES - December 18, 2014 - (RealEstateRama) -- Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing affordability and tight supply conditions remained obstacles to entering the market for would-be buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today
Top Metro Areas Poised for Uptick in Baby Boomer Home Sales
WASHINGTON - December 11, 2014 - (RealEstateRama) -- Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research
Home Sales Expected to Improve in 2015, but Some Headwinds Still Remain
NEW ORLEANS - November 7, 2014 - (RealEstateRama) -- Existing-home sales are expected to be higher next year and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to an economic forecast at a residential forum during the 2014 Realtors® Conference & Expo.
Existing-Home Sales Rebound in September
WASHINGTON (October 21, 2014) –- October 21, 2014 - (RealEstateRama) -- After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the
Excessive Lending Standards Still Affecting Home Sales
WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB). Well over half of the single-family builders surveyed indicated that lending standards were “tight” or “very tight,” while only 11 percent indicated that standards were “somewhat easy” and no builders described them as “very easy.”
Pending Home Sales Pick Up in July
WASHINGTON - August 28, 2014 - (RealEstateRama) -- Pending home sales rebounded in July and have now risen in four of the last five months, according
Pending Home Sales Slip in June
WASHINGTON, D.C. - July 28, 2014 - (RealEstateRama) -- After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors®.
Existing-Home Sales Up in June, Unsold Inventory Shows Continued Progress
WASHINGTON, D.C. - July 23, 2014 - (RealEstateRama) -- Existing-home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors
New-Home Sales Rise 6.4 Percent in April
WASHINGTON, D.C. - May 23, 2014 - (RealEstateRama) -- Sales of newly built, single-family homes rose 6.4 percent to a seasonally adjusted annual rate of 433,000 units in April, according to newly released data from HUD and the U.S. Census Bureau. The gain builds on an upward revision of sales numbers reported for the previous month
April Existing-Home Sales Show Modest Improvement Behind Gaining Inventory
WASHINGTON - May 22, 2014 - (RealEstateRama) -- Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors®. Monthly sales gains in the West and South offset a modest decline in the Midwest while the Northeast was unchanged
Pending Home Sales Increase in March
WASHINGTON, D.C. - April 28, 2014 - (RealEstateRama) -- After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors
Southland Home Sales Stuck at 6-year Low; Median Price Rises to 6-Year High
La Jolla, CA - April 16, 2014 - (RealEstateRama) -- Southern California home sales quickened last month compared with February, as they normally do, but remained far below average and at the lowest level for a March in six years. The median sale price rose to a more-than-six-year high, driven up by demand that continues to exceed supply in many areas, as well as a shift toward a greater share of sales in middle and high-end markets, a real estate information service reported.
Vacation Home Sales Surge in 2013, Investment Property Declines
WASHINGTON, D.C. - April 3, 2014 - (RealEstateRama) -- Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®.
Las Vegas Region February Home Sales
Las Vegas - March 27, 2014 - (RealEstateRama) -- area homes sold at the slowest pace for a February in five years as the inventory of homes for sale remained tight and some buyers faced credit and affordability challenges.
February Existing-Home Sales Remain Subdued
WASHINGTON - March 20, 2014 - (RealEstateRama) -- Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors
Existing-Home Sales Down in September but Prices Rise
WASHINGTON, D.C. - October 21, 2013 - (RealEstateRama) -- After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, according to the National Association of Realtors®.
Pending Home Sales Decline in August
WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of Realtors®.
New-Home Sales Rise 7.9 Percent in August
WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to newly released figures from HUD and U.S. Census Bureau. The gain partly offsets a dip in sales activity that occurred in July as consumers reacted to higher interest rates.
NAHB Certified New Home Sales Professional (CSP) Program Hits Milestone with 25,000 Graduates
WASHINGTON, D.C. - August 30, 2013 - (RealEstateRama) -- Tracie Dollarhide, a new home sales agent with Jeff Benton Homes in Huntsville, Ala., recently became the 25,000th graduate of the National Association of Home Builders’ (NAHB) Certified New Home Sales Professional (CSP) program. The CSP program offers sales professionals a broad understanding of the new home building business, an overview of consumer psychology and proven advanced sales techniques used by real estate veterans
Existing-Home Sales Spike in July
WASHINGTON - August 21, 2013 - (RealEstateRama) -- Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors®