News & Blog

Housing Market Shows ‘Sustainable’ Improvement

  • Featured image for July Pending Home Sales Rebound
    Aug 27

    July Pending Home Sales Rebound

    Daily Real Estate News | Wednesday, August 29, 2012 Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 2.4 percent to 101.7 in...

  • Featured image for Demand for New Homes Grows
    Aug 27

    Demand for New Homes Grows

    Source: National Association of Home Builders and “Americans Bought More New Homes in July,” NBC News (Aug. 23, 2012) While sales of newly built single-family homes is on the rise, buyers are finding fewer choices as inventory sinks to a new record low, the Commerce Department reported Thursday. New-home sales rose 3.6 percent in July...