REDFIN completed an analysis of 1.2 million listings in 16 markets over 21 month period and found that Friday was the best day to list a home for sale. Their analysis indicated that for all 16 markets homes listed on a Friday were 12 percent… Read more
Posts Tagged ‘Home slaes’
2010 Year-End and Q4 Foreclosure Sales Report-Realtytrac.com The Q4 intermission on foreclosures and related sales of Real Estate Owned (REO) by banks, caused an artificial reduction in the foreclosure sales rate in 2010, with foreclosures making up 26 percent of all U.S. home sales compared… Read more
Economists: Expect No Home-Price Growth in 2011-WSJ blog As the housing hangover perpetuates, we still need to ask that age-old question, “Are we there yet?” Economists now believe that while we might be there now (at the bottom), we aren’t going anyplace soon,… Read more
Senate OKs Extending Closing Deadline For Three Months Beyond June 30 for Contracts Signed by April 30 for Tax Credit — House Needs to Pass Also Senate OKs extending home-buyer credit deadline
Experts see underlying weakness in housing Despite a surprising surge in home sales reported this week experts say the housing market’s spring fling has been fueled by now-expired tax credits and is unlikely to last.
Weather & Economy Provide One-Two Combination. Not a Knock-Out Punch, But it Did Hurt New housing starts edged lower in February as bad weather and a similar ongoing bad economy slowed residential building permits to an almost one-half million annualized pace. The continuing below normal… Read more