Posts with tag home sales

Spring Homebuying 'Stuck' Under Tight Inventory, NAR Says

By Diana Olick Like everything else in the spring, housing supply is supposed to grow. That's because warmer weather and the convenience for families to move during the summer make spring the busiest homebuying season historically. That is not the case this year. Home sales have been "stuck," according to Lawrence Yun,... Continue Reading »

Cities Where Housing Bubbles Could Be Starting to Form

There are rumblings in the real estate world about whether we're entering another housing market bubble. We took a look recently at California and whether some frenzied homebuying activity there is a sign that a bubble is returning. The consensus remains that, on a national level, no, we are not in a housing bubble --... Continue Reading »

The Home Bidding Wars Are Back!

By Les Christie The bidding wars are back. Seemingly overnight, many of the nation's major housing markets have gone from stagnant to sizzling, with for-sale listings drawing offers from a large number of house hunters. In March, 75% of agents with broker Redfin said their clients' offers were countered by rival bids,... Continue Reading »

Spring Homebuying Season Off to a Slow Start

By Diana Olick The U.S. housing market will see no surge at the start of spring, as fewer buyers signed contracts to purchase existing homes in February. An industry index of so-called pending home sales fell 0.4 percent from January but is up 8.4 percent from February of 2012. While the number of for-sale listings... Continue Reading »

Signed Contracts to Buy U.S. Homes Dips Slightly

By MARTIN CRUTSINGER WASHINGTON (AP) - A measure of Americans who signed contracts to buy homes fell only slightly in February to the second-highest level in nearly three years. The report suggests sales of previously occupied homes will keep rising in the coming months. The National Association of Realtors says its... Continue Reading »

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