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Archive for the ‘Real Estate Trends’ Category

The amount of signed contracts to buy previously occupied homes increased for the eighth straight month in September as buyers take advantage of a tax credit for first-time owners that expire at the end of this month. The housing market has been trying to bounce back from the worst downturn in decades, being relieved by federal intervention [...]

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Another sign emerged the nation’s struggling housing market may be nearing its bottom. The S&P/ Case Shiller index of home prices in 20 metropolitan areas was up slightly in May over its April  level for the first time since 2006.  Cleveland, Dallas and San Francisco showed the largest gains in May. The Index was the latest [...]

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