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Tag Archives: home sales

Foreclosures, cash deals lifted January home sales

WASHINGTON — More people bought previously occupied homes in January. But sales surged on a rising number of foreclosures and all-cash deals, and not first-time home-buyers. The rising number of distressed sales forced home prices down to their lowest level ...

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New-home sales in 2010 fall to lowest in 47 years

WASHINGTON — Buyers purchased the fewest number of new homes last year on records going back 47 years. Sales for all of 2010 totaled 321,000, a drop of 14.4 percent from the 375,000 homes sold in 2009, the Commerce Department ...

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Homebuilders hope for rebound in spring

U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat more optimistic about the prospect for an uptick in sales. The National Association of Home Builders said ...

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