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Existing Home Supply Down 40% In Last 6 Months

Posted by Matt Hennessy on February 24, 2011 in Existing Home Sales

Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

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Home Supplies Plummet, Putting Pressure On Prices To Rise

Posted by Matt Hennessy on January 21, 2011 in Existing Home Sales

According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Home Inventory Dwindles Into The New Year

Posted by Matt Hennessy on December 23, 2010 in Existing Home Sales

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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October Existing Home Sales : Buyers And Sellers In Balance

Posted by Matt Hennessy on November 24, 2010 in Existing Home Sales

It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

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Existing Home Sales Jump; Housing Market Shows Spark

Posted by Matt Hennessy on October 26, 2010 in Existing Home Sales

“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Existing Home Sales Rebound In August, Give Hope For Autumn

Posted by Matt Hennessy on September 24, 2010 in Existing Home Sales

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Existing Home Sales Plummet In July; Home Buyers Gain Leverage

Posted by Matt Hennessy on August 25, 2010 in Existing Home Sales

The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

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May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

Posted by Matt Hennessy on June 23, 2010 in Existing Home Sales

The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.

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