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Home Resales Skyrocket In South

12 hours ago ago from The Open Door by Lennar

Home resales in the South skyrocketed last month as first-time buyers hurried to grab an expiring federal tax credit while exploiting low prices and mortgage rates. The South recorded 176,000 home sales in November, the National Association of Realtors said Tuesday, up 48 percent from a year earlier when the nation was dizzied by the financial market meltdown. All 19 Southern cities covered by the Associated Press-Re/Max Monthly Housing ...

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Home resales surge to nearly three-year high

8 hours ago ago from Millionaire Now!

Mesa faces critical light-rail decisions - Mesa will design critical elements of the downtown light-rail line in the next few months, making decisions that will help shape the downtown's character for decades to come. The city is working with downtown merchants and residents to determine how wide Main Street should be, where stations will go and the location of a park-and-ride lot. Construction will start in 2012 to extend Metro from Sycamore ...

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Florida Home Sales Increase for 15th Month, Southern California Homes for 17th Month

7 hours ago ago from ViralStash.com The Daily Buzz

1. Florida’s existing home sales rose in November, marking 15 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors . 2. Southern California’s housing market continued its step-by-step climb up from the January-February bottom as both sales and prices saw gains last month. A total of 19,181 new and resale homes sold in Los Angeles, Riverside, San Diego, ...

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Florida Homes Sales spike in November 2009 – Good News!

12 hours ago ago from Aventura Real Estate: Sunny Isles Condos for Sale, Foreclosures for Sale, Miami Beach Condos for Sale. Sunny Isles Condos For Sale

Good News for the South Florida Real Estate Market Florida's existing home sales rose in November, marking 15 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. According to the report from Florida Realtors, existing home sales rose 61 percent lIn Florida's year-to-year comparison for condos, 4,889 units sold statewide last month compared to 2,320 ...

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Florida Home Sales Climb

12 hours ago ago from Atlanta, Dallas/Ft. Worth, Florida Real Estate News and Trends, Real Estate Blog

According to Florida Realtors , the threatened termination of the $8,000 federal first-time homebuyers’ incentive was responsible for driving up home and condo sales throughout Florida in November. Fort Myers-Cape Coral led the state with a 133 percent increase compared to the same month in 2008. Both Daytona Beach and Gainesville saw an 84 percent increase in home sales. The Herald Tribune reports the Sarasota-Bradenton market saw a 63 ...

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New Home Sales Plunge to a Seven-Month Low

5 hours ago ago from BloggingStocks

The housing market is schizophrenic. Yesterday, existing home sales surged to their highest level in nearly three years. Today, the Commerce Department reported that new home sales plunged to a seven-month low . The drop was a whopping 11.3%, the biggest decline since January, to 355,000 units. There is a bit of good news in that the median price of new homes rose by 3.8% to $217,400. Here's another unusual statistic. The number of new ...

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November New Home Sales Seen Rising 2.3 Percent : NPR

11 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast November New Home Sales Seen Rising 2.3 Percent by The Associated Press Enlarge Associated Press FILE - In this Aug 26, 2009 file photo, a sold sign is posted ...

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New home sales plunge in November

10 hours ago ago from CNN Money

New home sales plunge in November By Aaron Smith, CNNMoney.com staff writer December 23, 2009: 10:53 AM ET NEW YORK (CNNMoney.com) -- New home sales unexpectedly plunged in November, according to a dismal government report. The seasonally adjusted annual rate of new home sales plummeted 11.3% to 355,000 in November compared to the prior month, according to a Census Bureau report on Wednesday. Quick Vote ...

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Stock Fall After Home Sales

10 hours ago ago from Wall Street Journal

NEW YORK U.S. stocks fell into the red after new-home sales fell to their lowest level in seven months on a bigger-than-expected drop in November. After opening slightly higher, the Dow Jones Industrial Average fell 2 points, to 10462 in recent trading. Boeing was among the measure's top performers, up 0.6%. Meanwhile, Merck lagged, dropping 0.8%. The technology-heavy Nasdaq Composite was up 0.4%. The Standard & Poor's 500 index was up ...

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Incomes, Spending Up; Home Sales Drop : NPR

11 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Incomes, Spending Up; Home Sales Drop by The Associated Press text size A A A December 23, 2009 Personal incomes rose in November at the fastest ...

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