home sales

Weekly wrap-up: The Financial Stories to Follow For May 31

The news has focused on the Gulf of Mexico oil spill more than anything financial this week, but a few stories still managed to stick out.
Here’s a rundown of some of the week’s most important stories:
Banks Begin Full-Scale Push of Overdraft Protection Opt-Ins

Housing Market Takes Another Step Forward

The spring home buying season is in full swing, according to numbers released Tuesday by the National Association of Realtors. Pending home sales increased by 5.3% from February to March and are up 21.1% from one year ago.
The seasonally adjusted 5.3% boost in sales beat Thomson Reuters economists’ projections of a 4% rise. Pending home sales have risen 13.6% in the past two months and are currently at their five-month high.
Tax Credit Pushes Market Temporarily

New Home Sales Spur Housing Market Surge

Sales of new homes outdid expectations in March, shooting up nearly 27% from the previous month. The surge in new homes sales was the biggest monthly increase in 47 years and brought the seasonally adjusted annual sales pace to 411,000, according to a release by the U.S. Census.
The growth is good news for the U.S. housing market, but is tempered by the fact many sales may have been spurred by a soon-to-expire homebuyers’ tax credit and the inexact nature of the statistics on a month-to-month basis.
U.S. Homebuyers Out In Force

Homebuyer Tax Credit Boosts Existing Home Sales Above Expectations

According to a housing report released by the National Association of Realtors (NAR) Thursday, new home sales rose this past month, boosted by the homebuyer tax credit and a real estate market that some are tentatively saying could be on the rebound.
Spring Housing Surge

Home Buyer Tax Credit Extension Set to Expire on April 30th

If you are currently in the market as a first-time home buyer or a homeowner looking to purchase a new residence, now could be the time to act.

Existing Home Sales On The Rise Ahead of Tax Credit Deadline

The number of pending sales of existing homes rose in the US in February, giving the real estate market an optimistic outlook for the coming year.
Extended Homebuyer Tax Credit
Much of this recent increase in existing home sales has been attributed to the extended home buyer tax credit, which requires homebuyers to sign a sales contract [...]

U.S. New Homes Sales Drop To Record Low, Existing Sales Stay Level in February

A U.S.

Zillow Launches Android App For Homebuyers, Hopes to Duplicate iPhone Success

Real estate website Zillow has released a new mobile application for Android based phones, which lets users access the Zillow home value database from their smartphone.
Home Shopping on the Go
With the new Android app from Zillow, you can now shop for a home simply and instantly, from anywhere.

Learn Lead Conversion Strategies at HomeGain Nation

Have you ever wondered how to really capture and convert leads?
Have you read posts on here from me and others that are getting tons of sales each year by using HomeGain’s BuyerLink product along with great lead conversion systems?
Do you want to add 12 sales, 24 sales or more a year to your [...]

Holiday Season Helps in Home Sales?

It’s Friday evening and there’s a dusting of snow on the ground in Bethesda. The Washington, DC area is supposed to get up to 20 inches over the next 24 to 36 hours, which would be a record snowfall. I’ve already canceled the 4 showings in Virginia for tomorrow. Most were new houses and — [...]

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