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January California home sales, median price dip, C.A.R. reports
LOS ANGELES, CA - February 15, 2012 - (RealEstateRama) -- California home sales declined from both the prior month and year in January, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The median price also was lower, primaril...
Bright and Co. Marketing Recognized with Four National Gold Awards for Marketing Excellence
Dallas, TX - February 13, 2012 - (RealEstateRama) -- Bright and Co. Marketing (BCM) was the darling of the International Builders Show, held this week in Orlando, Florida, which opened with the National Association of Home Builders’ (NAHB) annual gal...
California pending home sales lower in December; distressed sales rise as lenders push through...
LOS ANGELES, CA - January 25, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was hig...
December Existing-Home Sales Show Uptrend
Washington, DC - January 20, 2012 - (RealEstateRama) -- Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.
November Market Report
MEMPHIS, TN - December 8, 2011 - (RealEstateRama) -- Memphis-area home sales for November jumped 28.4 percent from a year ago, with 1,076 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales...
Pending Home Sales Jump in October
Washington, DC - November 30, 2011 - (RealEstateRama) -- Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®.
New-Home Sales Rise 1.3 Percent in October
WASHINGTON, D.C. - November 28, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes inched up 1.3 percent to a seasonally adjusted annual rate of 307,000 units in October, according to newly released data from the U.S. Commerce Department. The gain is from a downwardly revised rate in the previous month, and marks the best pace of new-home sales activity since this May.
October Existing-Home Sales Rise, Unsold Inventory Continues to Decline
Washington, DC - November 21, 2011 - (RealEstateRama) -- Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors
Existing-Home Sales Off in September but Higher Than a Year Ago
Washington, DC - October 20, 2011 - (RealEstateRama) -- Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®.
C.A.R. August Pending Home Sales Index
LOS ANGELES, CA - September 27, 2011 - (RealEstateRama) -- California pending home sales climbed in August from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The year-to-year increase was the highes...
New-Home Sales Virtually Unchanged in July
WASHINGTON, D.C. - August 23, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes held virtually unchanged in July with a 0.7 percent dip from the previous month to a seasonally adjusted annual rate of 298,000 units, according to newly released data from the U.S. Commerce Department."The fact that new-home sales fell by less than one percent in July is an indication of how little conditions have changed in the housing market," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "While new-home inventories are exceptionally thin, home builders are still competing with large numbers of foreclosed and distressed homes on the market and a climate of uncertainty in which consumers are reluctant to go forward with a major purchase for fear of what economic news tomorrow might bring."
55+ Builders More Optimistic About Multifamily Rentals than New Home Sales
WASHINGTON, D.C. - August 11, 2011 - (RealEstateRama) -- Builders in the 55+ housing market are significantly more optimistic about production and demand for multifamily rental units than they are for sales of single-family homes or multifamily condos, according to the latest 55+ Housing Market Indices that are compiled quarterly by the National Association of Home Builders (NAHB).All of the components measuring production and demand for 55+ multifamily rental units increased significantly in the second quarter of 2011 compared to the same period a year ago.
July 2011 RBI Pending Home Sales IndexTM: Washington, D.C. Metro Area – Signs of...
Rockville, MD - August 10, 2011 - (RealEstateRama) -- The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the July 2011 RBI Pending Home Sales IndexTM released today
Pending Home Sales Rise in June
Washington, DC - July 28, 2011 - (RealEstateRama) -- Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.
New-Home Sales Remain Relatively Flat in Jun
WASHINGTON, D.C. - July 26, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes declined 1 percent to a seasonally adjusted annual rate of 312,000 units in June, according to figures released today by the U.S. Commerce Department today."Today's report shows that new-home sales remain in a holding pattern at relatively low levels," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "This reflects what we are hearing from builders in the field, who continue to see uncertainty in the marketplace and are reacting accordingly by keeping inventories at a record low. With inventories at razor-thin margins, any uptick in demand will generate increased building activity in the months ahead."
June Existing-Home Sales Slip on Contract Cancellations, but Prices Stabilize
Washington, DC - July 20, 2011 - (RealEstateRama) -- Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of Realtors®.
Pending Home Sales Turn Around in May
Washington, DC - June 29, 2011 - (RealEstateRama) -- Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of Realtors®.
April Pending Home Sales Drop After Two Monthly Gains
Washington, DC - May 27, 2011 - (RealEstateRama) -- Pending home sales fell in April with regional variations following increases in February and March, with unusual weather and economic softness adding to ongoing problems that are hobbling a recovery, according to the National Association of Realtors®.
New-Home Sales Rise 7.3 Percent in April
WASHINGTON, D.C. - May 24, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.3 percent to a seasonally adjusted annual rate of 323,000 units in April, their best pace since December of 2010, according to figures released by the U.S. Commerce Department today. The report also showed that the nationwide inventory of new homes for sale continued to fall to just 175,000 units in April, which is a new record low."The fact that new-home sales have now risen for two consecutive months is certainly welcome news following an all-time low sales number in February," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, builders are still contending with a great deal of competition from foreclosed properties for sale in certain markets, and in places where this is not an issue, it remains extremely difficult to obtain credit to build new homes."
Existing-Home Sales Rise in Most States in First Quarter; Metro Area Prices Mixed
Washington, DC - May 10, 2011 - (RealEstateRama) -- Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®.