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Today’s Marketplace Archive


July Pending Home Sales Slip

Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of REALTORS®. ...


Home Prices Surge in June, Double-Digits Continue, All Tracked Cities Showing Gains

(MCT)—Home prices in large U.S. cities rose sharply in June, marking the fourth consecutive double-digit gain for the nation’s leading home price index. ...


Homes.com’s Local Market Index Expands to Include Midsized Markets for Broader Housing Recovery Analysis

Homes.com, a leading online real estate destination and a division of Dominion Enterprises, has released its latest Local Market Index, a price performance summary on repeat sales of properties in the U.S. Utilizing home pricing data for the period ending June 2013, the Index showed gains for single-family properties in ...


Are Higher Mortgage Rates Prompting a Pause in New-Home Sales?

Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD and the U.S. ...


Time on Market Falls to 8.6 Weeks

Houses are selling faster in America than they have in three and a half years, the height of the homebuyer tax credit, as the recovery continues to roar through the summer months despite predictions the torrid pace of sales will slow. ...


House Prices Continue to Rise

Nationally, house prices continued to rise in the second quarter of 2013. According to the most recent release by the Federal Housing Finance Agency, U.S. house prices rose by 2.1 percent on a quarter-over-quarter seasonally adjusted basis. This is the eighth ...


Your Three Best Bets for Building Business this Year and Next

Revenues continue to rise for brokers and their agents as the recovery tightens its grip in markets around the country. However, today’s real estate landscape is markedly different from the pre-recession boom years, and building business will require heading down new ...


Existing-Home Sales Rise 6.5% in July, Double Digits Remain on Median Home Prices

U.S. existing-home sales rose strongly in July, jumping to their highest level in almost four years—with the median price maintaining double-digit year-over-year increases, according to data released yesterday morning by the National Association of REALTORS®. ...


Economy Picks Up Steam; Housing Recovery, Consumer Spending, and Manufacturing Pave the Way

Economic growth continues to gain momentum in the second half of the year, as expected, despite the slow start at the beginning of 2013. Fannie Mae’s Economic & Strategic Research Group’s full-year forecast for both the economy and housing market remains ...


Ask the Expert: What Are the Benefits of Selling Online?

Today's “Ask the Expert” column features Eric Eckardt, Vice President, Direct to Broker for Hubzu. ...


California Home Sales Higher in July; Price Gains Continue Strong but Tapering

Regional Spotlight—California’s housing market bounced back after a slight dip in June to reach the highest level since May 2012, as home prices continued to post strong annual gains and home sales recorded the first annual increase in six months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. ...


Rising Home Prices Drive Home Warranty Sales

As home prices rebound in a recovering housing economy, more sellers are purchasing extended home warranties to give themselves a competitive edge. ...


Housing Starts Rise 5.9 Percent in July

Nationwide housing starts rose 5.9 percent to a seasonally adjusted annual rate of 896,000 units in July as multifamily construction rebounded from a dip in the previous month, according to newly released figures from HUD and the U.S. Census Bureau. Meanwhile, ...


Growing Pains as the Economic Recovery Turns Four

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for August, showing that despite the lackluster jobs recovery four years into the economic recovery, housing will continue to provide an increasingly positive boost to GDP in the second half of 2013. ...


New Construction: Solving the Move-up Buyer Dilemma

While Helen Hanna Casey “literally grew up around the new-homes business,” she is quite clear that today’s new-home market is not like the one her father was a part of in the 1950s when he was executive director of the Builders ...


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