Archive for January, 2015


US existing home sales, economic activity gauge rise

WASHINGTON (Reuters) – U.S. home resales rebounded in December, but continued low participation by first-time buyers in the market suggested the housing recovery would remain gradual for now. The National Association of Realtors said on Friday existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month. That was slightly […]

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Insider Tips For Home Buyers & Sellers

Some 5 million homes are expected to change hands this year, according to the National Association of Realtors. That’s up about 30 percent since the depths of the recession. If you’re thinking of buying or selling a home, Consumer Reports’ survey of real estate agents gives you insider tips on how to negotiate the best […]

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Pending Home Sales Stall in December

WASHINGTON, DC–(Marketwired – Jan 29, 2015) – Despite interest rates being at their lowest level of 2014, pending home sales cooled in December but remained above year-over-year levels for the fourth consecutive month, according to the National Association of Realtors®. All major regions experienced declines in December. The Pending Home Sales Index,* a forward-looking indicator […]

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Student Debt, Rising Rents Take Bite Out of Real Estate Market

Hefty student loans are a major stumbling block for young Americans as they try to buy their first home, a National Association of Realtors’ annual survey shows. In spite of an improved job market and low interest rates in 2014, the number of first-time homebuyers dipped to 33 percent, down 5 percent from the previous […]

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People in business: Realtor honored

Tuskegee University has appointed Pat Joyce-Patterson as the veterinary medical teaching hospital manager.(Photo: Contributed) Andrews wins statewide honor Carol Andrews of House Home Real Estate recently was named Alabama Certified Residential Specialist of the Year by the Council of Residential Specialists. Andrews, a 14-year resident Montgomery resident, was recognized for her dedication and service to […]

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Marion Board of Realtors must meet national standards

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US Existing-Home Sales Rebound a Bit in December

Sales of previously owned homes rebounded somewhat in December, a solid end to a largely lackluster year for the U.S. housing market. Existing-home sales rose 2.4% last month from November to a seasonally adjusted annual rate of 5.04 million, the National Association of Realtors said Friday. Sales for November were revised slightly lower, to a…

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Pending home sales drop more than expected

Home buying cooled in December, but is still stronger than it was a year ago.A monthly index from the National Association of Realtors measuring signed contracts to buy existing homes fell 3.7 percent from a downwardly revised November reading, but it is 6.1 percent above December of 2013. This, after closed sales in December (contracts […]

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Pennsylvania Real Estate Firms in Business Longer than National Average

LEMOYNE, Pa., Jan. 29, 2015 (GLOBE NEWSWIRE) — Real estate firms tend to have more staying power in Pennsylvania compared to national averages, according to a recent survey conducted for the Pennsylvania Association of Realtors(R) (PAR). Fifty-nine percent of firms owned by association members report their firms have been in business for at least 16 […]

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Pending Home Sales Dipped Sharply in December

The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in December. The pending home sales index fell 3.7% from a downwardly revised index reading of 104.6 in November to the December reading of 100.7. That’s 6.1% higher than in December 2013, when the index reading was 94.9. […]

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