Archive for May, 2014


Mercury News interview: Lawrence Yun, chief economist, National Association of …

Lawrence Yun in many ways is the voice of residential real estate. As the National Association of Realtors’ chief economist and forecaster, his predictions are followed, analyzed, praised and criticized by real estate professionals across the U.S., and noted in Congress when legislation involving residential real estate is being considered. When he speaks, he usually […]

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Pending Sales of U.S. Existing Homes Increased 0.4% in April

Contracts to purchase previously owned homes rose for a second month in April, a sign the residential real estate market is stabilizing after a weak start to the year. The pending home sales index climbed 0.4 percent after a 3.4 percent increase in March that was the first gain in nine months, the National Association […]

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Fitch Rates Maryland-National Capital Park & Planning Commission's GOs `AAA'

NEW YORK–(BUSINESS WIRE)– Fitch Ratings assigns an ‘AAA’ rating to the following Maryland-National Capital Parks and Planning Commission (MNCPCC) bonds: –$14 million Montgomery County GO Park acquisition and development project bonds, series MC-2014A. Proceeds of the bonds will be used to fund park acquisition and development projects in Montgomery County (the county), Maryland. The bonds […]

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Pending home sales rose but still let down builders like Ryland

Pending home sales are a forward indicator of residential real estate sales The Pending Home Sales Index is put out by the National Association of Realtors (the NAR). It tracks the number of home sales under contract. This tends to lead the actual home sales data by a few months. Home sales data is an […]

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US pending home sales gains sputter in April

Washington (AFP) – US pending sales of existing homes rose modestly in April after a strong surge in March, adding to evidence of a weakening housing market recovery, industry data released Thursday showed. The National Association of Realtors (NAR) said its pending home sales index, based on contracts signed but not yet closed, rose 0.4 […]

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Existing home sales show inventories are becoming more balanced

Key homebuilder outlook: April starts, sales, permits, and prices (Part 3 of 5) (Continued from Part 2) Existing home sales increase to a 4.65 million pace in April The National Association of Realtors (or NAR) reports existing home sales once a month. The seasonally adjusted number reports completed transactions in single-family homes, condominiums, townhomes, and […]

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Pending Home Sales Post Second Straight Gain

The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in April. The pending home sales index rose 0.4% from an index reading of 97.4 in March to the April reading of 97.8. That is 9.2% lower than in April 2013 when the index reading was 107.7. The […]

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Home sales across the U.S. rise 1.3 percent in April

Tweet Google Pin It Published: May 22, 2014 2:32 PM  THE ASSOCIATED PRESS The National Association of Realtors said Thursday, May 22, 2014, that U.S. home sales rose 1.3 percent from March to a seasonally adjusted annual rate of 4.65 million. (Credit: AP) Related media Condos on the market on LI Would you buy these […]

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California Realtors Get Tough on Ethics Violations

By Ernie Smith / May 28, 2014 (iStock/Thinkstock) In a move designed to boost accountability in the industry, the California Association of Realtors announced last week that it would publish information about member ethics violations on its website—albeit in a members-only section. The country’s largest state-focused real estate group isn’t ready to give members who […]

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Realtor.com® April Housing Report Reveals Healthier National Market

SAN JOSE, Calif., May 28, 2014 /PRNewswire/ — Nationally, the number of single-family homes for sale and their prices continue to rise – revealing a healthier real estate marketplace than a year ago and strong seller confidence, according to the April 2014 National Housing Trend Report released today by realtor.com®, the leader in providing consumers […]

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