Real Estate

May 23, 2013
Census Bureau: New home sales ascend

New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April...

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Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve’s quantitative easing program, which continues to help asset prices rise in the housing market.

ReWired

In a recent survey released by Redfin, 41% of buyers indicated that low inventory has caused them to consider paying more from a home in the second quarter of 2013. This is up from 34% in the first quarter and 26% in the fourth quarter.

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