Home buyers continued to take advantage of lower prices as they preferred more affordably-priced pre-owned homes over higher-priced new homes in August. While sales of new single-family homes were unchanged compared to…
Tag: home sales
Celebrities Sell Their Homes at a Loss Too
It’s not only ordinary homeowners that are struggling from declining home values; celebrities too. And they’re losing money not by the thousands, but by the millions. Recent home sales or listings by…
Ten-Month Supply of Homes for Sale in the Tampa Bay Area
It’s still a buyer’s market in the Tampa Bay area, as there’s still a ten-month supply of homes for sale in the region as of July. Based on a recent report from…
Home Sales to International Investors Continue to Surge
U.S. homes continue to be popular to foreign investors, as shown in the increased percentage of home sales to foreign buyers in the 12-month-period ended March 2010.Over the 12-month period, sales of…
Buyers of Bank Owned Homes in Florida Got 38 Percent Discount
People who bought bank owned homes in Florida in the first quarter this year got an average price discount of 38 percent, according to a RealtyTrac report. Those who bought short sale…
27 Percent Discount for Distressed and Foreclosed Homes
The nearly 233,000 distressed and foreclosed homes sold throughout the country in the first three months this year were sold at an average discount of 26.7 percent, based on a report from…
Builders Cutting Home Prices to Step up Sales
Across the country, home builders are again cutting home prices to step up sales and reduce their inventory. After the federal tax credits ended on April 30, the pace of sales slowed,…