Positive News On Real Estate » U.S. homes rose at their fastest pace in nearly six years http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 U.S. homes rose at their fastest pace in nearly six years http://www.positiveonrealestate.com/pr/167 http://www.positiveonrealestate.com/pr/167#comments Wed, 25 Mar 2009 05:13:48 +0000 admin http://www.positiveonrealestate.com/?p=167 Sales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, providing some good news for the recession-hit economy.

They rose 5.1 percent in February to a 4.72 million-unit annual rate, notching their largest gain since July 2003, the National Association of Realtors said. But about 45 percent of the sales were foreclosure or short-sale transactions. Small-town Texan realtor Rick Cumins is going to see a paycheck in April — his first since December.

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