(Washington Business Journal) — Washington was one of only two metropolitan areas to see housing price gains in the third quarter. Honolulu was the other city with quarter-over-quarter gains, according to report from real estate data tracking firm Clear Capital. Nationwide, it says home prices were down an average of 5.8 percent in the third […]
(Businessweek) — A pall has settled over the U.S. housing market. The first-time home buyer’s credit has dried up, and home prices are down 29 percent from their 2006 peak. On Dec. 9 the latest release of the Federal Reserve’s Flow of Funds data shows the value of homeowner equity in the third quarter of this […]
A little more security for buyers anxious about big purchases in uncertain times.
(CNNMoney.com) — New home sales improved in March at the fastest single-month rate in 47 years, according to a government report released Friday, as buyers snatched up properties ahead of the tax credit that’s set to expire. New-home sales rose 26.9% to a seasonally adjusted annual rate of 411,000 last month, compared to an upwardly […]
(LATimes.com) — The number of previously owned homes placed under sales contract surged 8.2% in February, according to data released Monday, the first sign that the government’s extended tax credit for buyers may bolster sales this spring. The National Assn. of Realtors said Monday that its pending home sales index, a forward-looking measure based on […]