Existing Home Sales
Existing Home Sales Rebound In August, Give Hope For Autumn
September 24, 2010 by admin · Leave a Comment
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
Existing Home Sales Plummet In July; Home Buyers Gain Leverage
August 25, 2010 by admin · Leave a Comment
The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.
Existing Home Sales Drop In June But Hint At Support For Higher Price Tiers
July 23, 2010 by admin · Leave a Comment
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.
May 2010 Existing Home Sales Is Better Than The Headline Data Suggests
June 23, 2010 by admin · Leave a Comment
The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.
Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find
June 3, 2010 by admin · Leave a Comment
The Pending Home Sales Index shot higher in April as low mortgage rates and a soon-to-expire federal tax credit spurred home buying in South Bend and across the county.
A “pending home sale” is a home that’s under contract to sell but not yet closed.
Region-by-region, April’s pending home sales varied versus March’s data:
Northeast Region: +29.5%
Midwest Region [...]
The Supply Of New Homes For Sale Just Dropped Off A Cliff
May 28, 2010 by admin · Leave a Comment
The supply of newly-built homes for sales plummeted in April, a positive indicator for the Shipshewana housing market as we head into the summer months.
It’s no wonder that homebuilders are breaking new ground at the fastest clip in 2 years.
At the current sales pace, the nation’s complete supply of new homes would be sold in [...]
Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers
May 25, 2010 by admin · Leave a Comment
Sales of existing homes rose in April, buoyed by an expiring home buyer tax credit and exceptionally low mortgage rates.
As compared to March, April’s Existing Home Sales rose by 410,000 units nationwide — the second straight month of large gains. An “existing home” is a home resold by a prior owner (i.e. not new construction).
It’s [...]
