Monthly Archives: June 2012
For Sellers, Farmland Provides Jackpot of Their Dreams
(MCT)—The record farmland prices that are shaking up rural America offer a potential bonanza for sellers. Money from recent farmland sales is helping families pay off debt, buy second homes or make other investments, auctioneers say. Some finance education for … Continue reading
Spring Sales: Home Prices Rise in April
Data through April 2012, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that on average home prices increased 1.3 percent in the month of April for both the 10- and … Continue reading
Pending Home Sales Soar in May to Highest Level in 2 Years
(MCT)—Prospective homebuyers signed the most contracts to buy existing homes last month in more than two years, according to new data from the National Association of Realtors. An index measuring sales agreements ticked up 5.9 percent to 101.1 from 95.5 … Continue reading
Home Is Where the History Is
As Americans prepare to celebrate Independence Day next week, thousands of them will flock to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country’s history and the men and women who shaped its future. … Continue reading
Renters are Willing to Make Sacrifices for Homeownership: Century 21 Survey
Century 21 Real Estate LLC recently announced the results of its spring home buying survey, conducted online by Harris Interactive. The survey revealed that non-homeowners are more likely to make sacrifices to own their dream home. U.S. adults who are … Continue reading
Most Economists Agree Home Prices Will Bottom by 2013
Economists continued to predict home prices will decline only slightly in 2012, falling 0.4 percent for the entire year, and will increase thereafter, according to the June 2012 Zillow® Home Price Expectations Survey, compiled from 114 responses by a diverse … Continue reading
Mass. May Home Sales Highest in Nearly Two Years
Regional Spotlight—Home sales in the Bay State increased almost 35 percent in May – rising to the highest level of transactions since June 2010, according to The Warren Group, publisher of Banker & Tradesman. A total of 4,510 single-family homes … Continue reading
Existing-Home Sales Constrained by Tight Supply, Prices Continue to Gain
Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. Total existing-home … Continue reading
Student Loan Debt Crisis Linked to Lower Home Values
New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt … Continue reading