Pending home sales remained notably above the pattern in the first half of last year, but were down slightly from the previous month , according to the National Association of Realtors.
New home sales figures for February, released today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), indicated 313,000 new homes were sold for the month.
U.S. house prices fell modestly in the fourth quarter of 2011 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI).
February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors.
The Hoffman Company—one of California’s most established land brokerage firms—announced today that it has closed the sale of the Faria Preserve property to Lafferty Communities, a private, family-owned developer, in one of the largest land transact
New data from the U.S. Department of Labor indicates that Arizona, California, Florida, and Nevada — the four states hit hardest by the housing market collapse — are now seeing the most jobs growth.
CoreLogic’s Home Price Index revealed home prices, including distressed sales, declined on a year-over-year basis by 3.1 percent in January 2012 and by 1 percent compared to January 2012, the sixth consecutive monthly decline.
The Hernando County (Florida) Housing Authority will propose a new program to provide no-interest loans to homeowners who might otherwise land in foreclosure.
