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 ... [...]
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. [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
The Mortgage Bankers Association forecasts that home sales will rise slightly in 2011 but won’t really gather momentum until 2012. The industry group’s latest report released this week predicts existing-home sales — forecast to be about 8 percent lower this year than last, are expected to grow by less than 2 percent next year before [...] [...]
Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth in the battered industry. Construction of new homes and apartments rose 0.3 percent in September from a month earlier to a seasonally adjusted annual rate of 610,000, the Commerce Department said Tuesday. It [...] [...]
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade. Sales rose 7.6 percent in August from July to a seasonally adjusted annual rate of 4.13 million, the National Association of Realtors said Thursday. Sales were down 19 percent [...] [...]