Posts with tag median home prices

New Home Sales Stir, But Remain Sluggish

WASHINGTON -- Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's -- the worst in half a century. The report suggests that housing continues to drag on the... Continue Reading »

10 Super-Bargain Housing Markets

If you're hunting for a real estate bargain, look no further: Here are 10 cities where the typical home costs less than $82,000. The nation's cheapest major housing market is the area in and around Youngstown, Ohio. There, the median home price barely breaks $55,000, according to the National Association of... Continue Reading »

Sales of Existing Homes Rise as Buyers Grab Foreclosures

Existing home sales continued on an upward though unsteady path in the first quarter of this year, thanks in large part to sales of foreclosures and other discount properties. Home sales rose in 49 states and Washington, D.C., according to a report released Tuesday by the National Association of Realtors. Total existing... Continue Reading »

New Home Sales Tumble -- Again

New home sales dropped precipitously in October, very nearly tying for the worst month of sales in 2010. Home sales fell 8.1 percent to 283,000 units in October, down from 308,000 the previous month, the Commerce Department reported on Wednesday. The worst month in 2010 was August, when new home sales plummeted to 275,000... Continue Reading »

California Home Prices Up 30% Since Bottom

California, here we come! One of the earliest-hit areas in the housing crisis, the Golden State is showing definite signs of real estate rebirth. Since February 2009, the median price of existing, single-family homes in the state has grown nearly 30 percent, according to the California Association of Realtors, after... Continue Reading »

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