Sales
Sales
Business
About Face
Why one home improvement leader switched his company’s approach from traditional media to face-to-face marketing
Remodeling Mastery
10 Ways To Counsel Your Clients
Mark Richardson says remodelers need to be more than just remodelers to their clients
Business
3 Areas Successful Remodelers Focus On
Industry advisor Mark Richardson shares what separates the losing from the winning in today’s market
Advertisement
Craig Durosko: The $2 million salesperson
Taking the necessary steps to get to the $2 million sales threshold
Report: Number of underwater borrowers increases
More homeowners fell underwater in the fourth quarter as home prices continued to drop.
Special Report: More Remodelers Opt for Green
Fourth survey shows growing popularity of green remodeling, but challenges persist
California all-cash home sales increase, account for a third of transactions
All-cash buyers accounted for 30.9 percent of home and condominium sales in California in January, with even higher percentages in some wealthy Southern California communities. The trend is likely the result of both low home prices and an increase in foreclosures on the market.
Fannie Mae: Americans’ attitude toward housing market worsens
Americans are increasingly pessimistic about the economy and the housing market according to the results of a Fannie Mae survey.
New home sales decrease 12.6% in January
Sales of newly built single-family homes decreased 12.6 percent in January to a seasonally adjusted 284,000 units, according to data released by the U.S. Census Bureau and Department of Housing and Urban Development. Regionally, new-home sales fell in both the South and West, while the Northeast saw a gain of 54.5 percent.
NAR: Existing home sales continue to rise
Existing home sales rose for the third month in a row in January, rising above sales levels from one year ago, according the latest data from the National Association of Realtors (NAR).
Home sales may have been over-counted since 2007
The National Association of Realtors may have over-counted home sales as far back as 2007. According to NAR, 4.9 million homes were sold in 2010, down from 5.2 million sales in 2009. But real-estate analytics firm CoreLogic estimates that only 3.3 million homes were sold in 2010.
NAHB/Wells Fargo: Housing affordability highest in 20 years
Nationwide housing affordability reached record levels in the last quarter of 2010, according to the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index. According to the report, 73.9 percent of homes sold in the fourth quarter of last year were affordable to families earning the national median income of $64,400. This is the highest affordability level in the index’s 20-year history.