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20 Jan 2011 10:40

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Biz: Some positive home sales news, because we need some

  • 12.3% jump in existing home sales in December source
  • » Oh yeah, some more good news: The annual rate of 5.28 million homes, while far below the mid-naughts peak of 7 million in September 2005, is a bit higher than analysts expected. The number hit a low of less than 4 million home sales back in the middle of last year. Granted, people’s homes are still getting foreclosed en masse, but this isn’t bad news.
Posted by Ernie Smith • 0 Comments • Permalink

25 Oct 2010 10:51

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Biz: Good news hard to come by in housing market, but here’s some

  • 10% boost in existing home sales in September source
Posted by Ernie Smith • 0 Comments • Permalink

14 Oct 2010 10:50

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Biz: Cheerful foreclosure numbers: Read at your own depressing risk

  • 930,437 number of properties hit with a foreclosure filing in the third quarter of this year alone
  • 102,134 number of foreclosed homes in September, which, by the way, is an all-time record source
Posted by Ernie Smith • 0 Comments • Permalink

01 Jul 2010 11:00

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Biz: Previously-owned home sales follow new home sales to the crapper

  • 23% rise in pending home sales between January and April
  • 30% decline in pending home sales IN MAY ALONE source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jun 2010 10:31

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Biz: HOLY CRAP IN BOLD LETTERS: Home sales absolutely PLUMMET

  • 33% drop in sales in May, which is unprecedented source
Posted by Ernie Smith • 6 Comments • Permalink

24 May 2010 11:21

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Biz: Home sales: A big leap to take advantage of a big credit

  • 7.6% boost in previously-owned home sales in April source
  • » Why the leap? Simply put, there was a homebuyer tax credit that was about to expire at the end of April, and it led to a leap in sales to their highest levels since November. Now if only those sales were happening without, you know, big tax credits.
Posted by Ernie Smith • 0 Comments • Permalink

23 Apr 2010 11:31

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Biz: Home sales, once looking weak, made a huge March jump

  • 27% increase in new home sales in March
  • four number of months of declines prior to the leap
  • 1963 the last time home sales rose this much source
  • » But why? Credit a tax break that’s about to expire and weather that sucked less than it did in February (when home sales hit a record low). The strange part? The tax break had been in effect each of the four months prior, when home sales weren’t so hot.
Posted by Ernie Smith • 0 Comments • Permalink
 

23 Dec 2009 13:41

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Biz: Spending up, homes down: Our economy likes mixed signals

  • 0.5% increase in consumer spending in November alone
  • -11.3% decrease in new home sales; oh, how you tease source
Posted by Ernie Smith • 0 Comments • Permalink

23 Nov 2009 11:16

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Biz: Give people a tax credit and they’ll buy a home with it

  • 10% boost in existing home sales in October source
Posted by Ernie Smith • 0 Comments • Permalink

21 Aug 2009 11:09

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Biz: Existing homes sold astonishingly well last month, guys.

  • 7.2% increase in existing home sales in July; nice leap source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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