Tag Archive

Home prices and sales both showing positive growth

Published on 11/07/2012 By Jflook

Home prices and home sales both showed strong annual growth during the third quarter, according to the latest report by the National Association of Realtors. The national median existing single-family home price jumped 7.6 percent from a year ago, to $186,100 — the strongest year-over-year increase for any quarter since first-quarter 2006, when prices were up […]

Home sales up!

Published on 09/21/2012 By Jflook

Sales of existing homes were up 7.8 percent from July to August to a seasonally adjusted annual rate of 4.82 million, helping boost the national median home price for the sixth month in a row, the National Association of Realtors Said today.  Looking back a year, home sales increased 9.3 percent in August. At $187,400, […]

NAR Mobilizes Homeowners

Published on 08/03/2012 By Jflook

The National Association of Realtors has launched an email campaign designed to educate roughly 82 million consumers about the value of homeownership and the government incentives in place that support it. Starting last week, the three-part campaign sent out its first set of emails directly from NAR to all U.S. homeowners — about 75 million people […]

NAR urges lenders to release REO properties

Published on 07/27/2012 By Jflook

The pending homes sales index jumped up 9.5% from last year in June, making 14 consecutive months of year over year gains, ending at 99.3.  An index of 100 is equal to the average level of contract activity in 2001, which was considered a historically healthy year for pending home sales.  The National Association of […]

Home prices rising due to lower inventories

Published on 07/20/2012 By Jflook

Existing-home sales declined 5.4 percent on a seasonally adjusted annual basis to 4.37 million from an upwardly-revised 4.62 million in May.  Economists surveyed by Reuters expected a gain of +1.1 percent.  According to the National Association of Realtors® (NAR), lower sales of existing homes in June were not the result of lagging demand but rather […]

First Quarter Home Sales Highest in Five Years!

Published on 05/25/2012 By Jflook

“First-quarter sales closings were the highest first-quarter sales in five years. The latest contract signing activity suggests the second quarter will be equally good,” said Lawrence Yun, NAR’s chief economist, in a statement. Pending sales of existing homes rose to their highest level in nearly two years in March, according to the National Association of […]

NAR draws 15000 realtors to D.C.

Published on 05/18/2012 By Jflook

On May 17th, 15,000 Realtors gathered around theWashington monument in a demonstration of political unity of the National Association of Realtors.  NAR is the fourth on the center for responsive politics “Heavy Hitters List” with nearly 42 million in political donations since 1989. As lawmakers gear up to tackle the budget deficit — a task […]

NAR predicts home sales will continue to rise in 2012

Published on 04/25/2012 By Jflook

The National Association of Realtors is predicting that this year will have the strongest home sales in the past 5 years,  projecting a sales jump of 7 to 10% despite an uneven but steadily growing sales pattern. Sales over the first months of this year are showing slight fluctuations, but the overall pattern with regards […]