NAR Endorses Obama’s Recovery Plan
WASHINGTON – Feb. 26, 2008 – The National Association of Realtors® (NAR) expressed support of President Obama’s broadened focus of the nation’s economic recovery that stresses housing stability and making health care an important component of his economic...
Existing Home Sales Show Suprising Gain
Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a...
Economic Slump Dampens Pending Home Sales
After holding fairly stable for a year, pending home sales declined in the face of job losses and an eroding economy, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in November,...
Foreclosure Drop Under Way in Florida During January 2009
Florida foreclosures were down nearly 22 percent in January, to 10,007 from 12,786 in December. That mirrors a nationwide trend, according to the latest U.S. Foreclosure Index report from Sacramento, Calif.-based Foreclosures.com. It's unclear whether this is a trend...