Archive for December, 2013


U.S. reports slight gain in pending home sales in November

The National Association of Realtors (NAR) said its index of pending home sales, which measures the number of contracts that have been signed but not yet closed for purchasing previously owned homes, rose 0.2 percent to 101.7 in November, which was still below the level a year ago when it stood at 103.3. Lawrence Yun, […]

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Pending home sales stabilized in November

The pending home sales index in the U.S. was up 0.2 percent in November, ending five straight months of decline, according to the National Association of Realtors. Damon Scott Reporter- Albuquerque Business First Email After months of declines, the number of buyers that signed contracts for existing homes was flat in November. Though subdued, the […]

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Signed contracts to buy US homes levelled off in November, suggesting stable sales at year-end

SEOUL, South Korea – Samsung said a 110-inch TV that has four times the resolution of standard high-definition TVs is going on sale for about $150,000 in South …

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US pending home sales inch up in November

Washington (AFP) – US pending home sales rose slightly in November, ending five consecutive months of declines, the National Association of Realtors said Monday. NAR said its pending home sales index — a contract-based indicator of activity in the residential real-estate market — edged up 0.2 percent to 101.7 in November. The November number was […]

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Pending Home Sales Edge Up in November

WASHINGTON, DC–(Marketwired – Dec 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors(R). Monthly increases in the South and West offset declines in the Northeast and Midwest. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.2 percent to […]

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NAR’s 2013 Political Advocacy Efforts Help Stimulate, Stabilize and Strengthen …

During the 113th Congress, the National Association of REALTORS®’ (NAR’s) legislative and regulatory agenda continued to focus on creating a fundamentally sound and robust U.S. real estate market and protecting the consumers as well as the business interests of members. Here are the highlights of NAR’s 2013 federal legislative and regulatory accomplishments: Safe Harbor in […]

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Lehigh Valley’s real estate market expected to grow in 2014

The Lehigh Valley’s real estate market enjoyed a year of steady growth in 2013. Home sales were up 15 percent, median sales prices edged up 1.2 percent and the number of days a home sat on the market dropped 13 percent, according to a November report from the Lehigh Valley Association of Realtors. So what’s […]

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NAR: Pending home sales post slight November gain

Pending home sales grew slighly in November as contracts in the South and West grew, offseting declines in both the Northeast and Midwest, the National Association of Realtors said Monday. The Pending Home Sales Index, a forward-looking indicator based on contracts signed, edged up 0.2% to an index score of 101.7 in November, compared to […]

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Business Calendar

MONDAY, Dec. 30 National Association of Realtors releases pending home sales index for November, 10 a.m. TUESDAY, Dec. 31 Standard Poor’s releases SP/Case-Shiller index of home prices for October, 9 a.m.; The Conference Board releases the Consumer Confidence Index for December, 10 a.m. WEDNESDAY, Jan. 1 Stock and bond markets are closed for New Year’s […]

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As interest rates rise, N.C. home sales decrease

JACKSONVILLE, N.C. – Rising interest rates might have cooled a once-booming housing market in North Carolina. A new report from the National Association of Realtors reveals home sales are down for the third consecutive month, just as interest rates rose to a national average of about 4.5 percent. “The higher the interest rate, the higher […]

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