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October 15, 2008 5:20:46 PM CDT

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Stories related to: existing home sales

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9 Stories

  • August 2008

    • Home Sales Climb, but Prices Keep Falling

      Wall Street Journal  |  Aug 25, 08 10:19 AM CDT

      Home Sales Climb, but Prices Keep Falling

      (Newser) - Existing home sales were better than expected in July, rising 3.1% to an annual rate of 5 million, the Wall Street Journal reports. But inventories continued their steady expansion anyway, driving prices further downward. The median home price for July was $212,400, down 7.1% from July 2007. The downward price trend is in turn keeping buyers on the sidelines, waiting for better deals. More »

      Tags

      economy  • housing market  • housing  • existing home sales

  • May 2008
  • April 2008

    • March Home Sales, Prices Fall

      Bloomberg  |  Apr 22, 08 10:02 AM CDT

      March Home Sales, Prices Fall

      (Newser) - Prices on existing homes fell in March, but buyers stayed away, either unable to get loans, or betting on yet bigger drops, Bloomberg reports. Sales dropped 2%, to an annual rate of 4.93 million, as the median price fell to $200,700 from $217,400 last year. The number of available homes meanwhile swelled by 40,000, exacerbating supply problems. More »

      Tags

      economy  • housing market  • housing crisis  • home prices  • existing home sales

    • Existing Home Contracts Down in February

      Bloomberg  |  Apr 8, 08 1:00 PM CDT

      Existing Home Contracts Down in February

      (Newser) - Contracts to buy previously owned homes declined 1.9% in February, according to the National Association of Realtors’ index, which fell to its lowest levels since its creation in 2001. The drop was nearly double the 1% decline analysts predicted, reports Bloomberg, and sent stocks tumbling further. More »

      Tags

      housing market  • housing  • existing home sales  • home resales  • home values

  • March 2008
  • February 2008

    • Home Sales, Prices Sink Again

      Wall Street Journal  |  Feb 25, 08 10:05 AM CST

      Home Sales, Prices Sink Again

      (Newser) - Existing-home sales and home prices continued to fall in January, indicating that would-be buyers are waiting for the market to bottom out, the Wall Street Journal reports. "Inventories are high, so it's not surprising prices are declining," said one economist, who described home sales as "soft but fairly stable." The resale number actually beat economists' projections. More »

      Tags

      home prices  • home loans  • existing home sales

    • 10 Lies Homeowners Tell Buyers

      MSNBC  |  Feb 8, 08 6:41 PM CST

      10 Lies Homeowners Tell Buyers

      (Newser) - When a homeowner is desperate to sell and a buyer is ready to fork over the cash, the truth about a house is often swept under the rug, MSNBC reports. Watch out for frequent fibs when talking about: Personality of neighbors and the neighborhood. Status of home repairs (particularly the roof). Insect and rodent infestations. Elevated radon levels. More »

      Tags

      list  • housing market  • homeowners  • homes  • existing home sales  • home improvement  • infestation  • water damage

  • January 2008

    • Dec. Home Sales Kept Dropping

      Wall Street Journal  |  Jan 24, 08 10:14 AM CST

      Dec. Home Sales Kept Dropping

      (Newser) - Existing home sales began to fall again in December after briefly bumping upwards in October and November. Home resales were at a 4.89 million annual rate; that's down 2.2% from November and down 13% from last year. "Home sales remain weak despite improved affordability conditions in many parts of the country," an economist tells the Wall Street Journal . More »

      Tags

      housing market  • real estate  • existing home sales  • home resales  • Northeast  • National Association of Realtors

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