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Existing Home Sales in April
Existing Home Sales in April
The NAR reports: Existing-Home Sales Rise in April Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 2.9 percent to a seasonally adjusted annual rate of 4.68 million units in April from a downwardly revised pace of 4.55 million units in March, but ...
Congress Considering A National Sales Tax
Congress Considering A National Sales Tax
sayanythingblog.com — No, not the Fair Tax plan.  They’re planning on keeping our existing income tax and just adding... a national sales tax on top of it.  Because the federal government is falling short on revenues. And, you know, they can’t just cut spending. With budget deficits soaring and ... (more) Congress Considering A National Sales Tax
Pending Home Sales Index Increases
calculatedriskblog.com — From the NAR: Pending Home Sales Up for Three Months in a Row The Pending Home Sales... Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5. ... [Lawrence Yun, NAR ... (more) Pending Home Sales Index Increases
We like to think of “smart” as more of a goal than an existing quality
We like to think of “smart” as more of a goal than an existing quality
tbogg.firedoglake.com — You may remember that one of the prime movers behind the Great Teabagging of America (besides the... people who funded the astroturf groups. And Fox news. And talk radio.) was a blog called Smart Girl Politics which is kind of like a meeting place ... (more) We like to think of “smart” as more of a goal than an ...
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Related: existing home sales
More on Existing Home Sales and InventoryCalculated Risk
To add to the earlier post , here is another way to look at existing homes sales: Monthly, Not Seasonally Adjusted (NSA): This graph shows NSA monthly existing home sales for 2005 through 2009. Continuing the recent trend, sales (NSA) were lower in April 2009 than in April 2008. A significant ...
April Existing Home Sales Rise By 2.9 PercentCNSNews.com Headlines
Sales of previously occupied homes rose modestly from March to April as buyers who were brave enough to dive into the market took advantage of prices that were 15.4 percent below year-ago levels.
Monday Night FuturesCalculated Risk
Big week for housing data: Case-Shiller house prices will be released Tuesday, existing home sales on Wednesday, and new home sales on Thursday. The U.S. futures are flat tonight: CBOT mini-sized Dow Futures from barchart.com CME Globex Flash Quotes And the Asian markets are mixed. Best to ...
Housing: More problems ahead for the low end?Calculated Risk
Bob_in_MA points out some interesting comments on low price areas in the WaPo article: Housing Bust Leaves Most Sellers at a Loss In the Virginia and Maryland suburbs, prices for single-family homes are down to where they were five years ago. In Prince William and Loudoun counties, a flood of ...
Late Night CranesCalculated Risk
The U.S. Markets are closed Monday for Memorial Day (enjoy with your friends and family!). This will be a busy week for housing data: Case-Shiller house prices on Tuesday, existing home sales on Wednesday, and new home sales on Thursday. Should be interesting ... The Asian markets are mixed ...
California Bay Area Home Sales: "Robust" and "Anemic"Calculated Risk
The tale of two cities continues ... From DataQuick: Bay Area home sales rise again; median price up slightly over March Bay Area home sales posted a year-over-year gain for the eighth consecutive month in April, with robust sales in lower-cost inland areas once again compensating for anemic ...