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 Tuesday, April 23 2024 @ 10:47 pm UTC

Existing Home Sales on The Verge of a 2 year Low

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Alabama Real EstateA trade group reported yesterday, sales of existing homes dropped to their lowest level in nearly two years in January, and the number of unsold homes on the market rose. A survey showed a surprising dip in consumer expectations, and the Commerce Department revised upward measures of economic growth and inflation in the fourth quarter, also reported yesterday.
 
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Nearly 13% Increase Achieved by U.S. Home Prices

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General NewsShowing no signs of a slowdown during the period, federal regulators reported Wednesday, Average U.S. home prices leaped nearly 13 percent from the fourth quarter of 2004 to the same period last year.
 
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First Time Home Buyers, has Low-Income Loans as an Option

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Alabama Real EstateJane Fairchild couldn't imagine how she'd ever own a home, A high school social worker and single mom earning $46,000 a year. Fairchild had no idea about the numerous programs available to help potential home buyers in her salary range, like many lower- to middle-income earners.
 
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Texas Tycoon's Real Estate Case Continues Battle in the High Court

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General NewsA 1946 Supreme Court opinion, Markham v. Allen, defined the exception, which holds that federal courts can hear claims brought by heirs of a decedent’s estate as long as a federal court doesn’t interfere with state court probate proceedings. The Supreme Court will hear oral arguments today in a case that will determine the scope of the federal courts’ probate exception, once described by Seventh Circuit judge Richard Posner as “one of the most mysterious and esoteric branches of the law of federal jurisdiction.”
 
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In Case of Pandemic Real Estate can be a Haven

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General NewsAccording to a report from Deutsche Bank, London Real estate companies like Brixton and Slough Estates may be attractive to investors seeking to minimize losses that might result from a feared outbreak of avian influenza in Europe.
 
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Though Rising in the West Real Estate New Home Sales Falls Nationwide

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General NewsSales declined 5 percent on a seasonally adjusted basis, leaving a record backlog of 528,000 newly built single-family homes that remain unsold. The nation's new-home market cooled significantly in January despite unseasonably warm weather in most of the country, the Commerce Department reported today.
 
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Declining Orders Reported by Real Estate Home Builders

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General NewsMore public homebuilders are reporting declining quarterly sales on slowing demand, In another sign the U.S. housing market is cooling.
 
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Real Estate Existing Home Sales Slides Again

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General NewsAs the once-sizzling housing market cooled further, sales of existing homes fell for a fifth consecutive month in January.
 
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Cooling Real Estate Market has been Delivering Signs

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General NewsMore evidence of a cooling housing market is getting obvious, home sales fell in January while prices were mixed.
 
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Real Estate Control of China Shows Good Results

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General NewsThe trend of overgrowth of investment in China's real estate sectors has been curbed, the overheated demand for houses is cooling down, and the supply and demand relations on real estate market are improving, creating conditions for a stable housing market, with a series of macro control policies promulgated and implemented in 2005.
 
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