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Lawler: Updated Read on Existing Home Sales, Table of Distressed Sales in October

From housing economist Tom Lawler:Based on state and local realtor/MLS reports released through today, I have increased my estimate of October existing home sales as measured by the National Association of Realtors to a seasonally adjusted annual rate of 5.31 million (my estimate in last Friday’s report was 5.28 million). Show More Summary

Lawler: Early Read on Existing Home Sales in October

From housing economist Tom Lawler:Based on local realtor/MLS reports from across the country released so far this month, I estimate that US existing home sales as measured by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.28 million, up 2.1% from September’s pace and up 2.9% from last October’s pace. Show More Summary

NAHB: Builder Confidence increased to 58 in November

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 58 in November, up from 54 in October. Any number above 50 indicates that more builders view sales conditions as good than poor.From theShow More Summary

Clayton Kershaw unanimously wins 2014 NL Cy Young Award

Clayton Kershaw takes home his third National League Cy Young Award at age 26. Los Angeles Dodgers starting pitcher Clayton Kershaw is the winner of the National League Cy Young Award, the Baseball Writers' Association of America announced...Show More Summary

Realtors More Bullish On New Home Sales Than Builders

Lawrence Yun, the National Association of Realtor’s chief economist, is optimistic about the new home market–even more so than home builders.

How Home Prices Are Faring In Your City

The National Association of Realtors released data showing how home prices have changed in 172 metropolitan areas.

Realtors More Bullish On New Home Sales Than Builders

Lawrence Yun, the National Association of Realtor’s chief economist, is optimistic about the new home market–even more so than home builders.

How Home Prices Are Faring In Your City

The National Association of Realtors released data showing how home prices have changed in 172 metropolitan areas.

NAHB: Builder Confidence improves for the 55+ Housing Market in Q3

This is a quarterly index from the the National Association of Home Builders (NAHB) and is similar to the overall housing market index (HMI). The NAHB started this index in Q4 2008 (during the housing bust), so the readings were initially very low. Show More Summary

Adriano Charged in Connection with Drug Trafficking: Latest Details and Reaction

Former Brazilian national striker Adriano has been charged in connection with drug trafficking in his home town of R io de Janeiro. According to an Associated Press report (via USA Today), Adriano was charged after purchasing a motorcycle for a drug dealer. Show More Summary

Lawler on NAR 2014 Profile of Home Buyers and Sellers

From housing economist Tom Lawler:The National Association of Realtors released the results of its 2014 Profile of Home Buyers and Sellers, which are based on a survey of buyers who purchased a home between July 2013 and June 2014. The...Show More Summary

Survey confirms yard signs, open houses taking a back seat to mobile

It's official: homebuyers, particularly young ones, are now more likely to get information from mobile apps and websites than yard signs and open houses, according to the National Association of Realtors profile of home buyers and sellers released today. Show More Summary

The incredible decline in young homebuyers

The share of first-time home buyers has dropped to its lowest level in 27 years, highlighting the challenges facing the housing market’s stalled recovery, according to an annual survey released Monday by the National Association of Realtors. Only 33 percent of buyers purchased their first home this year, down from 38 percent a year ago, […]

Share of First-Time Home Buyers Hits 27-Year Low

Just 33% of primary residences sold this year were purchased by first-time buyers, down from 38% last year to the lowest level since 1987, the National Association of Realtors reported Monday.

Where are the first-time homebuyers? Demographic shifts point to delayed milestones.

During the month of September, while both new and existing home sales rose slightly, there was one group which continues to remain somewhat on the sidelines: the first-time buyer. According to the National Association of Realtors®, in September the share of first-time buyers was 29 percent for the third straight month. Show More Summary

Tighter Lending Rules Keep a Cap on Pending Homes Sales

Bill Sikes/AP By JOSH BOAK WASHINGTON -- The number of Americans signing contracts to buy homes ticked up slightly in September, as it remained difficult to qualify for mortgage financing. The National Association of Realtors says its seasonally adjusted pending home sales index rose 0.3 percent over the past month to 105. Show More Summary

US existing home sales up 2.4 per cent in Sept. to fastest rate in 2014; still lags 2013 pace

``The National Association of Realtors says sales of existing homes rose 2.4 per cent to a seasonally adjusted annual rate of 5.17 million. Still, the sales rate has dropped 1.7 per cent over the past 12 months.'' -- This is literally...Show More Summary

Lawler: Updated Table of Distressed and All-Cash Share for September

CR Note: Existing Home Sales for September will be released tomorrow by the National Association of Realtors (NAR). The consensus is for sales of 5.09 million on seasonally adjusted annual rate (SAAR) basis. Sales in August were at a 5.05 million SAAR. Show More Summary

Lawler: Early Read on Existing Home Sales in September, Table of Distressed and All-Cash Share

From economist Tom Lawler: Based on realtor association/MLS reports across the country, I estimate that existing home sales as measured by the National Association of Realtors will come in at a seasonally adjusted annual rate of 5.14...Show More Summary

Lawler: Comments on Pending Home Sales and All Cash Purchases

A couple of notes today from housing economist Tom Lawler:NAR on Pending Home Sales Index in the West --- We Know AlreadyIn one of last week’s reports I highlighted how the National Association of Realtors’ Pending Home Sales Index for...Show More Summary

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