Robust Home Sales Crowding the News
July 18, 2009 by admin
Filed under Real Estate Articles
Jump into any newspaper from around the country and you get the great news. This is from todays Google News with the search term Home Sales. I wonder if this will be remembered as the season of regret for the fense sitters, or new beginnings?
Bay Area: Silicon Valley home sales at three-year high
Southern California: Home Sales Increase for 12th Straight Month
Birmingham Alabama: Birmingham area home sales perking up
San Francisco Home Sales Hit Highest in Three Years
Kansas City-area home sales rise from May
US July Homebuilder Confidence Rises to 10-Month High of 17
Idaho:Treasure Valley home sales and prices are up
Portland :Uptick in Portland home sales
Sacramento: New-home sales see biggest growth in two years
Home sales in Brooklyn, Queens rise
New Hampshire : NH home sales rise in June
Canada June Home Sales Rise 8.7%,
Virginia :Home sales in Hampton Roads increase strongly in June
Recovery
June 20, 2009 by admin
Filed under Positive Real Estate
Recovery is creeping its head in a few metros according to The Brookings Institute:
McAllen, Texas is the only metropolitan area that saw growth in both employment and output during the first quarter of 2009.
Employment rose in New Haven, Conn. and Baton Rouge, while output also increased in Seattle, Austin, Virginia Beach, Washington, Richmond, San Jose, and Riverside.
Some 38 of the top 100 metro stopped declining in home prices over the past year. Many of these metros might attribute the stalled declines because of below-average employment declines, and lie in the less-affected parts of Pennsylvania and upstate New York and Sun Belt in Texas, Oklahoma, Arkansas, and Louisiana. They also exhibit below-average shares of REOs status due to bank foreclosure.
In other good news, Southern California home sales rose for the 11th consecutive month in May as sales of $500,000-plus homes started to come back.
