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Tag Archives: National Association of Realtors

Bank of America, Barclays sell Archstone stake

NEW YORK — Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.’s bankruptcy estate for $1.58 billion. The transaction disclosed Friday for the banks’ 26.5 percent ...

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Sales of new homes rose 3.3 percent in April

WASHINGTON — Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover. New-home sales increased 3.3 percent in April from March to a seasonally adjusted annual rate of 343,000, the ...

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Sales of previously occupied homes up in April

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend. An increasing portion of those sales are from first-time buyers, who are critical to a ...

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Foreclosures squeeze U.S. home prices, sales

WASHINGTON — Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, ...

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Home sales fall in March as market stays weak

WASHINGTON — Americans bought fewer previously owned homes in March, a reminder that the housing market remains weak. The National Association of Realtors said Thursday that home sales fell 2.6 percent last month to a seasonally adjusted annual rate of ...

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Contracts for homes nationwide dipped in February

WASHINGTON — The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season. The National Association of Realtors said Monday that its index ...

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U.S. home re-sales complete best winter in 5 years

WASHINGTON — U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season. The past two months made up the best winter for sales of ...

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Realities of Real Estate: Home affordability provides a silver lining

When it comes to graphs about real estate, the trend lines are almost always heading south. Whether it’s prices, number of homes sold or some other measure of the market, we’ve endured a gloomy downward spiral for several years now. ...

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