Archive for December, 2012


Top 10 Real Estate Trends for 2013

Could 2013 be the new 1997? After six years of lackluster sales and falling prices, 1997 was the year that launched a tripling of Orange County home prices within a decade. Will 2013 – coming after a seven-year housingdownturn — be the next turnaround year? Forecasters say yes. Assuming the recurring specters of recession or […]

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November Pending Home Sales Rise Again

WASHINGTON, DC–(Marketwire – Dec 28, 2012) – Pending home sales increased in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 1.7 percent to 106.4 in November from a downwardly […]

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William C. Stuart III, founder of real estate firm

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U.S. housing, factory data point to momentum in the economy

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Lisa Murkowski, Ron Wyden Propose Campaign Finance Reform

Sen. Lisa Murkowski (R-Alaska) and Sen. Ron Wyden (D-Ore.) proposed campaign finance reform on Thursday that will seek to walk back the funding possibilities opened up by the Supreme Court’s Citizens United decision, which allows corporations to spend unlimited amounts of money in elections. In an op-ed in The Washington Post on Thursday, Murkowski and […]

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Housing, factory data point to momentum in economy

WASHINGTON (Reuters) – Contracts for U.S. home resales hit a 2-1/2-year high in November and factory activity in the Midwest expanded this month, suggesting some strength in the economy despite the threat of tighter fiscal policy. The National Association of Realtors said on Friday its Pending Home Sales Index, based on contracts signed last month, […]

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GLVAR announces new president – Las Vegas Review

When he was officially installed as president of the Greater Las Vegas Association of Realtors, Dave Tina told hundreds of his peers that his year leading Southern Nevada’s largest professional organization will be driven by 3 D’s. “My theme for 2013 is diversity, destination and determination,” he said. He said he aims to weave these […]

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New home sales jump to fastest rate in 2 1/2 years

<!–Saxotech Paragraph Count: 9–> WASHINGTON — Americans bought new homes last month at the fastest pace in more than 21/2 years, additional evidence of a sustained housing recovery. Sales of new homes rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000, the Commerce Department said Thursday. That’s the fastest […]

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Miami Association of Realtors Reports 52% Surge in Pending Sales Activity

The total number of listings, including single-family homes and condominiums, that pended* in Miami-Dade County during the month of November increased 52 percent, from 2,226 to 3,374, year-over-year even though it was 19.1 percent less than the previous month, according to the 25,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) systems. […]

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A recap on residential real estate in 2012

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