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By Joyce Hanson, AdvisorOne |
September 2, 2010
Pending home sales rose in July as mortgage rates hit new lows and mortgage applications increased, showing that the U.S. housing market is a bargain now for those who can take advantage of it.
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By Joyce Hanson, AdvisorOne |
August 25, 2010
Sales of new single-family houses in July fell 12.4% to 276,600, the slowest pace of sales on record since 1963. July durable goods orders rose slightly, but the increase came mainly from airplane orders.
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By Joyce Hanson, AdvisorOne |
August 24, 2010
Existing-home sales dropped sharply in July to historic lows after the home buyer tax credit expired, but home prices continued to gain, the National Association of Realtors (NAR) reported Tuesday, August 24.
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By Joyce Hanson, AdvisorOne |
August 3, 2010
Bullish economic news was not to be found on August 3 as personal income and spending were reported flat in June while wages paid fell. Pending home sales declined, and factory orders fell for the second month in a row.
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By Joyce Hanson, AdvisorOne |
July 22, 2010
Existing home sales fell 5.1% in June, with 5.37 million single-family homes, townhomes, condos, and co-ops sold compared to 5.66 million in May, the National Association of Realtors said.
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By Joyce Hanson, AdvisorOne |
June 22, 2010
Existing home sales fell 2.2% in May after the federal tax credit for home buyers ended April 30, the National Association of Realtors (NAR) reported.
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By Joyce Hanson, AdvisorOne |
June 3, 2010
Dow has its third biggest gain of 2010
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By Joyce Hanson, AdvisorOne |
May 24, 2010
U.S. existing home sales rose again in April, up 7.6%, with buyers motivated by the federal tax credit, improving consumer confidence, and affordable rates and prices, the National Association of Realtors (NAR) reported Monday, May 24.
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By Ron Pechtimaldjian, AdvisorOne |
May 4, 2010
Expiring tax credit maintains spell on home buyers; rise in orders is unexpected
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By Ron Pechtimaldjian, AdvisorOne |
April 23, 2010
The drumbeat of positive news in the housing market continued for a second day, as sales of new homes in March had its biggest monthly jump in 47 years, the Commerce Department reported Friday, April 23.