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New home sales ‘come alive’ this month

Home sales are off to their best year since before the financial collapse, according to the National Association of Realtors (NAR). According to the association’s Pending Home Sales Index (PHSI), a predictor of housing market activity based on contract signings, contract activity rose again in May for the fifth straight month and is at its highest level since April...

Here’s Your Fallout Shelter For WSJ Housing PR Bomb

Given the way that the Wall Street Journal and its biggest client, the National Association of Realtors keep you in the dark and feed you manure, they must think you are a mushroom. They did it last week with the “existing home sales” and have done it again this week with the “pending home sales” release. Pending…

West, northeast drive spike in home sales activity

Pending home sales activity hit a nine-year high during May, according to the National Association of Realtors. Sales volume increased by 0.9 percent in May when compared to April and by 10.4 percent when compared to May 2014. Activity has now increased on a year-to-year basis for nine straight months, with month-to-month increases occurring each of the last five months...

Pending Home Sales Hit Highest Level In Nine Years In May

credit: Peter Dazeley/getty images The number of contracts signed to buy previously-owned homes rose again in May to reach its highest level in more than nine years, the National Association of Realtors said Monday. NAR’s Pending Home Sales Index, which tracks contract signings (as opposed to closed sales), rose 0.9% in May to a level [...]

Pending Home Sales Climb to 9-Year High

Ron Antonelli/Bloomberg via Getty Images By JOSH BOAK WASHINGTON -- More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month. Show More Summary

NAR: Pending Home Sales Index increased 0.9% in May, up 10% year-over-year

From CNBC: Pending home sales rise 0.9% in May, highest level since 2006Signed contracts to buy existing homes, so-called pending home sales, rose just 0.9 percent in May from April, according to the National Association of Realtors, after a downward revision to April's reading. Show More Summary

Half Of U.S. Homes Now Selling In 40 Days Or Fewer, Says National Association Of REALTORS®

Low mortgage rates and "scared sellers" may be juicing today's housing market. What you should know about today's market and the availability of low- and no-downpayment mortgages. Click for the complete post : Half Of U.S. Homes Now Selling In 40 Days Or Fewer, Says National Association Of REALTORS®.

US existing-home sales surge to best level since 2009

last weekNews : The Raw Story

US existing-home sales surged in May to their strongest pace in nearly six years as more first-time buyers entered the market, the National Association of Realtors said Monday. Sales of existing, or used, homes leaped 5.1 percent from April to an annual pace of 5.35 million units. “Solid...

Existing-Home Sales Hit Fastest Pace In Nearly Six Years

Sales of previously-owned homes rose 5.1% in May, hitting their fastest sales pace since November 2009, the National Association of Realtors said Monday. Completed transactions of existing-homes (single-family homes, townhomes, condominiums...Show More Summary

Chinese Now Top Foreign Buyers of U.S. Homes

Chinese buyers have surpassed Canadian snowbirds as the dominant foreign buyers of homes in the U.S., according to the National Association of Realtors.

Reasons Behind Homebuilder Optimism

Yesterday a report from the National Association of Home Builders showed that US homebuilders have turned rather optimistic again. Given the recent weakness in construction spending some have dismissed this survey data.

NCGA Drone Demo

National Corn Growers Association president Chip Bowling got a first-hand drone demo in his home state of Maryland last week. The demonstration was one of several educational tours for NCGA board members highlighting advances in technology and sustainability, as well as diversified farming operations. Show More Summary

U.S. home builder sentiment rises in June: NAHB

NEW YORK (Reuters) - U.S. homebuilder sentiment rose more than expected in June, hitting its highest level since September, the National Association of Home Builders said on Monday. The NAHB/Wells Fargo Housing Market index rose to 59 from 54 in May, the group said in a statement. Show More Summary

NAHB: Builder Confidence increased to 59 in June

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 59 in June, up from 54 in May. Any number above 50 indicates that more builders view sales conditions as good than poor.From the NAHB: Builder...Show More Summary

Lawler: Early Read on Existing Homes Sales in May: Big Bounce from “Strangely-Low” April

From housing economist Tom Lawler:Based on local realtor/MLS reports from across the country released thru today, I estimate that existing home sales as measured by the National Association of Realtors ran at a seasonally adjusted annual...Show More Summary

Lawler on NAR: The “Curious Case” of Existing Home Sales in the South in April

From housing economist Tom Lawler:The National Association of Realtor’s preliminary report on existing home sales in April came in well short of both consensus and those who track local realtor/MLS reports. For analysts in the latter...Show More Summary

Guns stay locked up in San Francisco

3 weeks agoHumor / odd : Boing Boing

"The U.S. Supreme Court rejected efforts by gun owners and the National Rifle Association on Monday to halt San Francisco’s enforcement of a 2007 ordinance requiring residents to keep handguns locked when stored at home." (via SFGat...

Real estate firms ready to shout about home energy efficiency

What do real estate data firm CoreLogic, large multiple listing services Metropolitan Regional Information Systems and Midwest Real Estate Data, and National Association of Realtors national property database subsidiary Realtors Property Resource have in common...

Pending Home Sales Jump to Strongest Level in 9 Years

AP By JOSH BOAK WASHINGTON -- Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month. Show More Summary

April Pending Home Sales Hit Nine-Year High

The number of contracts signed to buy previously-owned homes rose in April to reach its highest level since May 2006, despite a short supply of housing inventory, the National Association of Realtors said Thursday. NAR’s Pending Home Sales Index, which tracks contract signings (as opposed to closed sales), rose 3.4% in April to a level [...]

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