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Unexpected Jump in Home Sales Mark End of 2011
DENVER, Jan. 16, 2012 /PRNewswire/ -- Ending the year on a positive note, December home sales did not follow the seasonal trend but rose an unexpected 5.7% from sales in November. Sales were also up 1.1% from December 2010, the 6th consecutive month to show a year-over-year sales increase. Largely due to a lower volume of foreclosures, the number of homes for sale fell for the 18th straight month, and is now 25.7% lower than last year. Home prices remained nearly even with November prices, down just 0.35% and were down 3.5% from December 2010. Overall, 2011 was marked by home sales and prices that remained within a range, rising and falling in an equal number of months without showing a strong trend in either direction.
"We're pleas ...
The Richman Group Closes Institutional Tax Credit Fund with $257 Million in Equity
GREENWICH, Conn., Jan. 5, 2012 /PRNewswire/ -- The Richman Group Affordable Housing Corporation, the nation's leading sponsor of equity funds for affordable housing for the past five years, announced it has closed a $257 million fund, U.S.A.
Federal Home Loan Bank of New York Awards $33.6 Million For 57 Affordable Housing Initiatives
-Combined projects will create or rehabilitate more than 2,800 affordable housing units throughout New Jersey, New York, Maryland and Pennsylvania-
NEW YORK, Jan. 26, 2012 /PRNewswire-USNewswire/ -- Alfred A.
Home sales get best boost in decade
WASHINGTON - First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.
Miller & Smith Reports 49% Increase in Home Sales for 2011
MCLEAN, Va., Jan. 6, 2012 /PRNewswire/ -- Miller & Smith, an award-winning homebuilder and real estate development company, today reports a 49% increase in home sales for 2011. Miller & Smith sold 304 homes in 2011 versus 204 homes in 2010, illustrating an impressive and positive trend in the Mid-Atlantic region for new home sales.
Nancy Dolan Selected For '2011 Westchester Real Estate Agents'
Nancy Dolan of Fairfield, CT has been honored with a recognition by Westchester Magazine in its selection of "2011 Westchester Real Estate Agents."
FAIRFIELD, Conn., Jan. 25, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the October, 2011 issue of Westchester Magazine published by Spotlight Publications, LLC.
Arizona Existing Home Sales Up 14.5 Percent- BMO Economics
PHOENIX, Feb. 14, 2012 /PRNewswire/ -- The Arizona economy continues to grapple with a depressed housing market and beleaguered construction sector. Although home prices are still falling firmer sales have worked off much of the existing home supply.
Terri Chapman Selected For "2012 Sacramento Real Estate Agents"
Terri Chapman of El Dorado Hills, CA, has been honored with a recognition by Sacramento in its selection of "2012 Sacramento Real Estate Agents."
EL DORADO HILLS, Calif., Feb. 17, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the February, 2012 issue of Sacramento published by Sacramento Magazine Corporation, Terri Chapman was selected for the following honor:"2012 Sacramento Real Estate Agents"
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Terri Chapman commented on the recognition: "This is quite an honor for me.
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