Archive for the ‘Existing Home Sales’ Category


Existing Home Sales Down for the Month, Up for the Year

Thursday, July 22nd, 2010

The tax credit certainly borrowed from future sales as seen in the National Association of Realtors recent Existing Home Sales Index showed.  June’sexisting home sales were 5% lower than May’s when seasonally adjusted, but did register nearly 10% higher in the year-over-year numbers.
I’d expect this number to continue to look ugly in the near [...]

Existing Home Sales Decline Helps Investors Benefit

Tuesday, March 2nd, 2010

Anecdotal evidence is showing sales activity higher through February and into March. And, although it’s unlikely we’ll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today’s buyers may find home prices are lower and sellers are more willing to negotiate.