U.S. home builders grew more confident about their business in early September, with builder sentiment rising for the first time in seven months, a national industry trade group reported Tuesday.
The builders’ sentiment index rose to 18 in September, from a record low 16 in August, the National Association of Home Builders said. Still, the index [...]
Pending U.S. home sales fell more than expected in July as the housing market’s struggles continued, an industry group said Tuesday.The National Association of Realtors said its seasonally adjusted index of pending sales for existing homes fell 3.2 percent to a reading of 86.5 from an upwardly revised June reading of 89.4. The index was [...]
A recovery in the U.S. housing market from the worst slump since the Depression is unlikely until “well into 2009,” Housing and Urban Development Secretary Steve Preston said today.
“I think we’re right in the middle of it, and I think we have a ways to go before we start seeing a turnaround,” Preston said today [...]
Existing home sales in the Midwest tumbled 17 percent last month from July 2007, while the median price in the region inched up to more than $175,000, the National Association of Realtors said Monday.
In all 12 Midwestern cities tracked in The Associated Press-Re/Max Monthly Housing Report, also released Monday, sales fell by at least 10 [...]
U.S. sales of previously owned homes rose a healthy 3.1% in July from the previous month, but growing inventories of unsold homes and rising mortgage interest rates continue to thwart a full housing-market recovery.
Existing-home sales increased to a seasonally adjusted annual rate of five million units, the highest since February, the National Association of Realtors [...]
Home foreclosures may be slowing, and though prices continue dropping, sales are up, possibly indicating a bottom to the national housing crisis may be nearing, some experts say.Home sales in Solano County were up more than 45 percent in July over last year, according to DataQuick Information Services. At just over 47 percent, only Napa [...]
With little relief this summer, Maryland’s home foreclosure rate continued at a rapid clip through July, with Frederick County showing the biggest jump from June, according to the latest data.
Last month, 3,104 homes were in various stages of foreclosure in Maryland, or one per 741 households, according to RealtyTrac of Irvine, Calif., which monitors foreclosure [...]
The number of homes sold in the state continued to slide in the second quarter, the Washington Center for Real Estate Research at Washington State University reported Thursday.
The sales of 89,380 homes in the quarter that ended June 30 was 8.5 percent below the sales in the first quarter and 31.7 percent below the second [...]
Home prices in Greater Baltimore inched up modestly from June to July, though the median sale price for a home in Greater Baltimore is still off from last year and the volume of homes sold remains sluggish.
That’s according to a market data report released Monday by Rockville-based Metropolitan Regional Information Systems Inc.
The median price for [...]
There’s good news and bad news in the Napa County real estate market.
The good news?
“First-time buyers can buy a home for significantly less than they could in 2005 or 2006,” said Realtor David Barker of Frank Howard Allen. “Some buyers priced out of the market can now buy.”
The bad news?
In the past 12 months, the [...]