USA Today posted an article entitled: “Housing outlook is more upbeat.” Apparently, it’s believed that the housing market is finally nearing the bottom for good. According to the article, both home sales and home building are expected to rise this year–after the steep decrease in both the past five years. Here are just a few …
In Las Vegas, investors willing to take a gamble could win big CHICAGO (MarketWatch) — The housing market in Las Vegas may continue to struggle, but for investors, the city is the best place to buy a home and rent it out, a new report revealed on Monday. HomeVestors of America and Local Market Monitor …
California home sales are expected to remain essentially flat this year and rise slightly in 2012, according to a housing market forecast from the CALIFORNIA ASSOCIATION OF REALTORS®. The trade group predicted California home sales this year will stay roughly flat compared with 2010, at 491,100 units — a relative improvement given the 10 percent …
Continue reading ‘California real estate market “struggling to gain momentum”’ »
The National Association of Realtors’ (NAR) Pending Home Sales Index for August was 88.6, which is on par with last year’s pending home sales average for the year, according to NAR’s chief economist, Lawrence Yun. Yun says the index has been moving within a narrow range for the past several months. “There are improving factors, …
Continue reading ‘August Pending Sales Decline After Spurt in Existing Sales’ »