2

washingtonpost.com - 3/23/2009

Existing Home Sales Rise 5.1 Percent in February

— washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) Existing Home Sales Rise 5.1 Percent in February

Comments vote downundo vote up The Daily Dish | By Andrew Sullivan found this 3/23/2009found this

1

calculatedriskblog.com - 3/24/2009

More on Existing Home Sales

— calculatedriskblog.com — 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. Sales (NSA) were lower in February 2009 than in February 2008. Again - a ... (more) More on Existing Home Sales

Comments vote downundo vote up The Daily Dish | By Andrew Sullivan found this 3/24/2009found this

1

volokh.com - 3/19/2009

Gun Sales Up:

— volokh.com — Last year, I blogged about claims that gun sales were up due to concerns about the company;... I expressed skepticism, given that the rises and falls seemed to have little... (more) Gun Sales Up:

Comments vote downundo vote up Opinionator found this 3/19/2009found this

Leave a Comment

Existing Home Sales Increase Slightly in February
Calculated Risk — The NAR reports: Existing-Home Sales Rise In February Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 5.1 percent to a seasonally adjusted annual rate of 4.72 million units in February from a pace of 4.49 million units in January, but are 4.6 percent below the 4.95 million-unit level in February 2008. ... Lawrence Yun, NAR chief economist said ... "[D]istressed sales accounted for 40 to 45 percent of transactions in February." ... Total housing inventory at the end of February rose 5.2 percent to 3.80 million ...

Existing Home Sales: Turnover Rate
Calculated Risk — ... may be near.It is correct that sales peaked in 2005, and have fallen steadily since then. And it is also correct that the rate of decline has slowed. However this doesn't suggest to me that "a bottom may be near" for existing home sales. The opposite it true. I think existing home sales will fall further. (note: much of this post is an update from earlier posts) This was an important disclosure in the National Association of Realtors (NAR) Existing Home Sales report: Lawrence Yun, NAR chief economist, said ... "[D]istressed ...

Housing Turnaround?
The Atlantic Politics Channel — Could it be a sign of recovery? After the Fed has worked to push mortgage rates lower and lower, there was good news for the housing market yesterday: existing home sales rose 5.1% in the month of February to a seasonally adjusted annual rate of 4.72 million units, according to the National Association of Realtors (NAR). Reasons could be 30-year mortgage rates around 5%, which the Fed has ...

Are We Turning The Corner?
Outside The Beltway | OTB — ... for both January and February were 1.8% above December. On Monday the National Association of Realtors reported that February sales of existing homes were 5.1% above January levels on a seasonally adjusted basis. Today the ...

Housing Activity Forecast
Calculated Risk — ... Freddie Mac's Frank Nothaft says about one-third of all sales are foreclosure resales. Lawrence Yun, NAR chief economist, recently said "[D]istressed sales accounted for 40 to 45 percent of transactions in February.” Yun is including short sales in addition to foreclosure resales. ...