May 2008 - Posts

New Home Sales Rose In April
28 May 08 10:45 AM | Emil Ratti | 0 Comments   

More good news! The U.S. Commerce Department reported yesterday that sales of new single-family homes rose 3.3 percent nationally in April. This was the first increase in new-home sales since October, and the results exceeded economists’ expectations. Read More...

Filed under: Housing Outlook, General Subjects, Buyers & Sellers

2nd Half of 2008 Poised for Improvement
25 May 08 01:10 PM | Emil Ratti | 0 Comments   

Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, said NAR Chief Economist Lawrence Yun at a recent meeting. Middle-America cities that performed evenly over Read More...

Filed under: Housing Outlook, General Subjects

Homeowners Plan to Use Tax Rebates for Home Improvements
03 May 08 06:36 PM | Emil Ratti | 0 Comments   

Tax rebate checks from the federal economic stimulus package have begun hitting bank accounts this week. According to a recent national survey conducted by Opinion Research Corp., 19 percent of U.S. homeowners said they would “definitely use” Read More...

Filed under: Misc Tax Issuse, General Subjects