Distressed Home Sales Fall
About 12 percent of Realtors sold a distressed property in August. This figure is substantially down from levels seen in the past few years.
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About 12 percent of Realtors sold a distressed property in August. This figure is substantially down from levels seen in the past few years.
According to recent information from the National Association of Realtors, singles made up one quarter of all home buyers last year.
NAHB replaces the Improving Markets Index with the LMI-Leading Markets Index. Baton Rouge and Houston are early winners.
Single-family home starts grew by 0.9 percent by the end of August. Seasonally adjusted rate revealed total of 891,000 units.
According to information released by the National Association of Realtors, West Virginia has the highest homeownership rate of all 50 U.S. states.
According to information from the NAR, existing home sales increased in August and reached the highest level in 6 1/2 years.
President Obama outlined key principles of a proposed housing finance reform. NAR seems to be behind the president's idea - for the most part.