Existing-home sales near 5-year high

Existing-home sales, prices and inventory saw dramatic changes in 2012 reminiscent of the housing boom, statistics released by the NATIONAL ASSOCIATION OF REALTORS┬«. At 4.65 million units, 2012 existing-home sales were up 9.2 percent from 2011, according to NAR’s preliminary totals for the year. That would be the highest volume since 2007, when 5.03 million …

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Number of Improving Markets Spikes in January, Hits 242

The National Association of Home Builders (NAHB)/ First American Improving Markets Index (IMI) continued its trend of marked monthly improvements in January, according to a release from the NAHB. The index rose for the fifth consecutive month in January to reach 242, once again achieving a record high. The index measured 201 in December… …According …

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Number of ‘Improving’ Housing Markets Nearly Doubles

The number of housing markets showing measurable improvement nearly doubled in January, with the addition of 40 new metros to the Improving Markets Index put out by First American and the National Association of Home Builders (NAHB). The index tracks housing markets that are showing signs of improving economic health based on three independent datasets …

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Find the Right Lot for Your Custom Home

What’s involved in buying the perfect lot for your custom-built home? The National Association of Home Builders (NAHB) says that the first step is gathering information. Your purchase contract for a lot should include a 60- or 90-day “study period” in which you can review the lot to make sure it meets your needs. With …

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