Items Tagged with 'West'


  • When is the best time of year to buy a starter home?

    Inventory high while prices are low
    One time of year stands above the rest as being the best time for first-time homebuyers to buy a home. During this time, starter home inventory increases about 7%, which leads to listing prices falling between 3.1% and 4.8% lower than in other parts of the year, a new report from Trulia shows.
    Read More
  • Pending home sales hit second highest point in decade

    West led the nation in July
    Pending home sales increased in July led by high gains in the West, which hit its highest month in more than three years. There is, however, still room for more growth. There’s little doubt there’d be more sales activity right now if there were more affordable listings on the market.
    Read More
  • US Prices Gain 5% in Quarter, Clear Capital Says

    House prices across the US increased 5% over the previous quarter. All regions saw quarterly gains as of July, with the Midwest soaring 11.2%, the South rising 5.3%, the Northeast posting a 2.4% increase and the West gaining 1.1%, according to Clear Capital.
    Read More
  • Repeat Buyers Buy, First-Timers Retreat

    Existing-home sales rose in April with strong activity in lower price ranges, particularly from repeat buyers, according to data released today from the National Association of Realtors. First-timers, on the other hand, declined to 40% of market sales from 53% in March.
    Read More
  • New Home Sales Rise After Hitting Record Low

    After dropping over 10 percent in January, new single-family home sales rebounded 4.7 percent in February to a seasonally adjusted annual rate of 337,000, according to data released Wednesday by the U.S. Department of Commerce. The upward movement in February's sales was the first nationwide increase since last July, and well above the 323,000 pace expected by economists surveyed by MarketWatch. Nonetheless, February's sales were still down 41.1 percent compared to the same time last year.
    Read More
  • Pending Home Sales Down, Affordability Up

    A now-established trend remained consistent in January, as pending home sales declined, yet again, on the heels of a weakening economy and as some buyers waited for clarity on housing stimulus provisions, said the National Association of Realtors Tuesday.
    Read More