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Monthly Archives: January 2011

Existing Home Sales Jump 12%

Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday. Previously-owned home sales climbed 12.3% in December to an annual rate of 5.28 million, from 4.70 million in November, according to the National Association of Realtors. That puts sales at Read More

Real Estate: Finally a Good Investment?

The housing market still looks pretty bleak: There were a record one million foreclosures last year, home prices are still falling in many regions and the number of “underwater” properties is at a record high. And things don’t look much better in other areas of real estate. The number of construction jobs continues to decline, Read More

Now Is The Time To Sell, Real Estate Consultant Says

Sell now, avoid (some) regret later. That was Steve Harney’s advice recently to a roomful of real estate agents. Harney is a housing industry consultant who told the assembled agents of John Greene Realtor in Naperville, Ill., that they should tell clients who have been sitting on the fence about selling that the time is Read More