Existing Home Sales Remain on a Positive Trendline
March 2, 2010 by Real Estate News · Leave a Comment
Anecdotal evidence is showing sales activity higher through February and into March. And, although it’s unlikely we’ll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today’s buyers may find home prices are lower and sellers are more willing to negotiate.
There’s A Very Good Reason Why The New Home Sales Data Plunged In November
December 24, 2009 by Real Estate News · Leave a Comment
One day after November’s Existing Home Sales report blew away estimates, the Census Bureau’s related New Homes Sales report failed to impress. In a lackluster showing, New Home Sales dropped 11 percent in November, falling to the lowest levels since April. Furthermore, the all-important “months of supply” climbed by a half-month to 7.9. But there’s a very good reason why.
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