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Median home sales price increases

Median home sales price increases

The median sales price of U.S. Residential properties, including distressed and non-distressed sales was $180,000, up 6 percent from the previous month and up 13 percent from a year ago. The figures are from RealtyTrac, a leading source for comprehensive housing data. The median price of distressed sales, those properties in the foreclosure process or… Continue Reading Median home sales price increases

Area home sales down 6.4 percent

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Area home sales down 6.4 percent

Turning “For Sale” into “Sold” is a little tougher this spring, as competition among local home sellers heats up. Sales for the year are down 6.4 percent compared to the first four months of 2013 as inventory has increased, according to Colorado Springs Real Estate News. There are currently about 3,700 single family homes on the… Continue Reading Area home sales down 6.4 percent

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  A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.   Even with the decline, sales are well ahead of last year’s level for the same month, suggesting the housing market is improving slowly.   The National Association of Realtors said Wednesday… Continue Reading Sales contracts for US homes dropped in April

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Real estate healthiest since 2007

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News that home sales fell year-over-year in March did little to scrub the optimism from the voices of local real estate agents or the El Paso County Public Trustee … Continue Reading Real estate healthiest since 2007

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Sales contracts for homes rose 2 pct. in January

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The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years, supporting the view that the housing market is gradually coming back. The National Association of Realtors said Monday that its index of sales agreements rose 2 percent last month to a reading of 97.… Continue Reading Sales contracts for homes rose 2 pct. in January

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Local economy strongest in two years

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It’s been a long couple of years since folks in El Paso County have bought houses and new cars. They put it off and saved their money instead. Now, there are signs that people are ready to spend, said Fred Crowley, Southern Colorado Economic Forum senior economist. The El Paso County economy showed its strongest… Continue Reading Local economy strongest in two years

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The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years. The National Association of Realtors said Thursday that home sales dropped 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s… Continue Reading US sales of previously occupied homes fell in Sept

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More people bought previously occupied homes in January. But the increase was driven by rising foreclosures and all-cash purchases by investors, while the number of first-time buyers shrank. Prices sank to their lowest levels in nearly nine years, a troubling sign for the struggling housing sector. Sales of previously occupied homes rose slightly to a… Continue Reading Foreclosures, cash deals lifted January home sales

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New home sales rise 5.5 percent in November

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More people purchased new homes in November, though not enough to signal better times are ahead for the battered housing industry. Sales of new homes rose 5.5 percent last month to a seasonally adjusted annual rate of 290,000 units, the Commerce Department reported Thursday. That’s less than half the rate that economists consider healthy. And… Continue Reading New home sales rise 5.5 percent in November

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Pending home sales drop 1.8 percent in September

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The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums which have disrupted activity in the housing market. The National Association of Realtors said Friday that its index of sales agreements for previously occupied homes dropped 1.8 percent in September to… Continue Reading Pending home sales drop 1.8 percent in September

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