NAR: Big rebound in existing-home sales shows first-time buyer momentum
Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®.
Florida’s existing home, condo sales up in September 2009
ORLANDO, Fla. – Oct. 23, 2009 – Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.
Tech takes home offices to extremes
WASHINGTON – Oct. 15, 2009 – Katy Leakey rises early in the morning, has breakfast with her husband, Philip, and heads to the 12-foot-by-12-foot office where she spends much of her workday.
Foreclosures, unemployment to peak in 2010
SAN DIEGO (AP) – Oct. 15, 2009 – Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday.
September housing construction rises 0.5 percent
WASHINGTON (AP) – Oct. 20, 2009 – Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for future housing work, applications for building permits fell by the largest amount in five months.
Property tax appeals rise during economic decline
MIAMI – Oct. 20, 2009 – Even after years of sinking real estate prices, thousands of South Florida property owners are fighting to further deflate the values of their homes and businesses.
Government unveils new mortgage help for states
WASHINGTON – Oct. 20, 2009 – The Obama administration on Monday unveiled a new program to support state and local housing finance agencies. The plan will help the agencies finance mortgages for first-time homebuyers and develop rental housing.
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