As existing home sales rise, supplies of homes for sale outnumber buyers available for them. Along with the low mortgage rates, this may be the best time in 2010 to buy.
Archive for the ‘Existing Home Sales’ Category
Existing Home Sales Strengthen, Home Buying Opportunities Expand
Friday, May 28th, 2010Existing Home Sales On Upswing While Home Values Rise
Friday, April 23rd, 2010Existing home sales rose 7 percent in March and was up 16 percent from March 2009. A few more months of strong sales should cover the expiring tax credit.
Top Reasons For Not Getting A Mortgage Loan Are Outlined In National Housing Survey
Tuesday, April 6th, 2010Fannie Mae’s recent National Housing Survey lists the top obstacles to home ownership. When markets pick up in the future, potential home buyers should be better equipped to overcome these obstacles.
National Home Price Index Shows Improvement In A Majority Of Cities
Wednesday, March 31st, 2010The Case-Shiller report, released by Standard & Poors on Wednesday, shows that home prices rose. However, those numbers should be taken into context.
Sales Of Existing Homes Stabilize, Gains Expected In Spring
Wednesday, March 24th, 2010Although Existing Home Sales fell in February, the outlook for March and April sales is good, as the April 30 tax credit deadline draws near.
New Federal Short Sale Rules Could Bring Assistance To Homeowners
Wednesday, March 17th, 2010Homeowners frustrated with their lenders could find relief with a new Federal short sale program taking effect in April 2010.
Time Is Running Out To Cash In On The $8,000 Tax Credits
Tuesday, March 9th, 2010If you want to cash in on the $8000 tax credit, you should act now. You only have 7 weeks left to take advantage of this federal program.
Pending Home Sales Index Shows Decline, But Should Recover For Spring
Friday, March 5th, 2010Although the Pending Home Sales Index is weak for the month of January, home sales should improve by spring, due to a number of factors.
Sales Of Existing Homes Drop Due To Cyclical Trends
Tuesday, March 2nd, 2010Sales of existing homes may drop in the winter months, but it doesn’t mean the housing rebound has stopped. Slumping sales can be caused by other factors, including inclement weather and Federal programs that may end soon.
National Home Price Index Not A Good Indicator Of Local Markets
Friday, February 26th, 2010When determining the value of your home, the Home Price Index is not necessarily the best indicator.
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