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National Association Of Realtors
Latest National Association Of Realtors Items
The National Association of Realtors (NAR) has reported that existing-home sales nationally increased 4.3 percent in January from the previous month. The new annualized rate increased to 4.57 million. (According to the NAR, the annual rate for any month represents what the total number of sales for a year would be if the pace for that month were maintained for 12 consecutive months.)
Getting ready for the change in seasons? That hint of springtime freshness in the air can have even the most jaded homeowner ready to pull down those heavy winter curtains, brighten up the paint and maybe even change those old butcher-block countertops for brand-new granite.
The days when homebuyers flipped through a magazine of homes for sale, peering at a small black-and-white photo to see whether a property appealed to them, are long gone.
Americans earned a little more and spent a little more in February, thanks to a tax cut. But a big part of the extra money went to cover higher gas prices.
I read a very interesting article about home sales last week in my local newspaper. Frankly, I was taken aback by the gloomy picture it painted. Here's a summary.
In this age of do-it-yourself everything, from ringing up groceries to preparing your own taxes, one would think more home sellers would prefer to go solo.
Washington, D.C., once known as a sleepy Southern town, has developed into a global city with residents from around the world working in international organizations such as the World Bank, at embassies and for corporations.
Sales of existing homes plummeted 27.2 percent to a 15-year low last month despite record-low mortgage rates, shocking markets and heightening worries that housing's steep slide will drag the rest of the economy back into recession.
Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near.