Topic: National Association of REALTORS
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Top 10 cities where house prices are rising
House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
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Home prices fall again: Eight keys to the housing market future
Five years after home prices peaked in the US, the housing market remains a weak link in the economy – an important sector that's still struggling to find its postrecession footing. What will 2011 bring? It could be a pivotal year when home prices bottom out and a more stable environment begins to emerge. Here is a look at the key issues affecting home buyers and sellers as we approach the spring real estate market.
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Home sales down. But six cities defy housing gloom.
Home sales plunged in July and housing prices may dip again. But in six metropolitan areas, the housing picture is far brighter: Home values are rising and median prices are already well ahead of their peak during the housing bubble. Is your city on the list?
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Stocks fall again with 'fiscal cliff' closing in
Stocks tumbled for a fifth day as a 'fiscal cliff' deal goes unfulfilled in Washington. Despite the fiscal gridlock in Washington, major stock indexes are holding on to gains for the year.
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Paper Economy
Existing home sales climb in SeptemberHome sales in the US rose 2.1 percent since September and climbed 10.9 percent above the level seen in October 2011.
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Home sales up, inventory down: good for home prices and for builders
The US housing recovery marched on in October with several positive signs: sales, prices, and permits to build new homes were up, and the supply of homes for sale was the lowest in years.
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Stocks rise on hopes for budget deal
Stocks had their biggest gain in two months Monday, breaking the post-election slump. Hope that Washington will reach a deal on the federal budget drove stocks upward.
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Paper Economy
Home sales up slightly in SeptemberHome sales climbed 0.3 percent since August while increasing 14.5 percent above the level of home sales seen in September 2011.
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Paper Economy
Home sales fall 1.7 percent in SeptemberThe National Association of Realtors' most recent Existing Home Sales Report shows a decline of 1.7 percent in sales since August. Home sales still rose above 11 percent the level a year ago.
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Housing prices: Are short sales in danger?
As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
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Paper Economy
Realtors: Home sales decline in AugustThe National Association of Realtors' national index fell 2.6 percent in August 2012 but increased 10.7 percent above the level seen in August 2011.
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Stocks snap losing streak
Thursday was the best day for US stocks since Sept. 13, when Federal Reserve Chairman Ben Bernanke announced further steps by the central bank to speed the economic recovery. Stocks were also helped by speculation that the central bank of China will act soon to help the world's No. 2 economy.
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Good housing numbers lift stocks
Stocks rose Wednesday after the release of two encouraging housing reports. Stocks of homebuilders rose sharply while the gains for broader stock indexes were muted.
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Focus
Housing market turning a corner? Signs of hope for homeowners.Rising home values and declining foreclosure rates indicate a slow but steady recovery for the US housing market. Obstacles remain, however, including negative equity due to 'underwater' mortgages.
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Stocks edge up on revised GDP
Stocks rise as US revises upward its estimate of GDP growth from 1.5 to 1.7 percent. Among big stock movers, WellPoint climbs 8 percent; Heinz falls 2 percent.
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Paper Economy
Pending home sales rise 2.4 percent in JulyPending home sales improved with the seasonally adjusted national index climbing 2.4 percent since June while increasing 12.4 percent above the level seen in July 2011.
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Home sales hit 2-year high. Is the housing market back?
Home sales agreements for previously occupied homes jumped 2.4 percent in July, the National Association of Realtors said Wednesday. The increase is the latest sign that the home sales are finally rebounding five years after the housing bubble burst.
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New home sales match two-year high
New home sales in July climb 3.6 percent, matching May's total of new home sales. The supply of new homes for sale falls to a 49-year low.
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Home sales rise as housing market rebounds. Slowly.
Home sales rose in July, continuing a slow rebound for the housing market. Home sales have been a rare bright spot in the economy this year.
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Stock market erases losses on Fed signals
After spending most of the day in negative territory, the S&P 500 rebounds to eke out a gain after the release of the minutes of the latest Federal Reserve meeting.
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30-year mortgage rates fall to new record low 3.49 percent
30-year mortgage rates just keep falling. This week, 30-year mortgage rates dipped to a new record, below 3.50 percent for the first time on records going back 60 years.
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Foreclosed homes: Now, they're hot properties
Growing buyer interest is clearing out more than 1.5 million foreclosed homes, clearing out a huge backlog. Interest in foreclosed homes is highest in states hit hardest by housing crisis.
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The New Economy
Housing is suddenly a bright spot for economyIn the midst of the economy's slowdown, housing is gradually picking up. Home prices and new construction are up. Existing home sales, while down, are expected to rebound.
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Mortgage rates fall to new record lows
Mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market. 30-year fixed mortgage rates slipped to 3.62 percent, down from 3.66 percent last week.
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Paper Economy
Pending home sales show signs of life, finallyThe National Association of Realtor's chief economist Lawrence Yun suggests that 2012 is shaping up to be a "superior" year with sales projected as being up 10 percent overall for the year.
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Stocks rise on stronger US housing, factory data
A rare double dose of good news about the US economy sent stocks surging up Wednesday. The Dow Jones industrial average rose 92 points, contributing to a closing bell tally of 12,627, despite continued fears about the eurozone crisis.
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Bad reports give Dow its second-worst day of year
The Dow started sinking after the Fed's Philadelphia branch reported a manufacturing slowdown resulting from a steep drop in companies' orders. It only got worse, as the index ultimately lost 250 points to close at 12,573, a 2 percent drop.
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Why did home sales cool during key spring season?
Sales of previously owned homes fell by 1.5 percent from April to May, the National Association of Realtors reported Thursday. But when viewed in the longer term, sales activity has been rising.







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