Archive for October, 2013


US pending home sales registered a sharp drop in September

LONDON (ShareCast) – The National Association of Realtors’ (NAR) pending home sales index (PHI (NasdaqGM: PHII – news) ) declined for a fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power. The PHI fell by 5.6% month-on-month in September, to reach 101.6 from a downwardly revised 107.6 […]

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Scottsdale protesters rally against Realtor group bond-election donations

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NAR: Pending Home Sales Index Drops 5.6% to 101.6 in September

Pending home sales fell 5.6% to an index reading of 101.6 in September, after a revised 1.6% decline to 107.6 in August, according to a report released Monday by the National Association of Realtors.

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NAR Uses Big Data to Make a Big Difference for REALTORS®

Today’s ever-evolving technology world is transforming the real estate industry, not only with new applications and tools, but also in generating volumes of information about how people approach and conduct real estate transactions. To help REALTORS® understand and interpret these trends, the National Association of REALTORS® has hired Todd Carpenter to fill a new position, […]

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U.S. pending home sales fall by most in more than three years in September

WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes fell by the most in more than three years in September, a sign that a softer economy and a rise in mortgage rates are hurting the country’s housing market. The National Association of Realtors said on Monday its Pending Homes Sales Index, based on contracts […]

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U.S Real Estate Prices Rose in September 2013 by Kelsey Uh

New York, NY (PRWEB) October 28, 2013 The figures for residential real estate prices for the month of September 2013, as released by the National Association of Realtors, are out. The figures for the past month show a decrease in the number of units sold standing at 5.29 million units, which is a decrease by […]

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Pending Home Sales Continue Slide in September

WASHINGTON, DC–(Marketwired – Oct 28, 2013) –  Pending home sales declined for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 5.6 percent to 101.6 in […]

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NAR: Role of Social Media Growing in the Homebuying Market

More buyers than ever are taking advantage of the latest technology and online tools to search for a place to call home. As a result, real estate agents are leveraging new technologies to better assist their more tech-savvy clients. A 10-year history of the National Association of Realtors (NAR) Annual Member Profile shows Realtors’ evolving […]

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Existing Homes Sales Fall In September As Housing Becomes Less Affordable

(Image credit: Getty Images via @daylife) Well it shouldn’t necessarily come as a surprise. Sales of previously owned homes fell 1.9% in September from a month earlier, according to the National Association of Realtors, as the summertime spike in mortgage rates pressured activity and housing affordability decreased. “Affordability has fallen to a five-year low as […]

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Realtors see prices rising

Judy Hanlin, co-owner of Bay Harbor Realty in Somers Point, said she has seen a slow uptick in home prices, particularly in a second-home market connected to the town’s bar and restaurant scene. “We saw an increase in volume and a gradual upturn in price. I don’t see us going backwards into the woods. I […]

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