Housing Data

Housing Data

• Twin Cities home prices are up again, but still below '06

  Mar. 11--Twin Cities area home prices showed not one but two signs of stability in February, as prices rose when compared with the previous month as well as February 2009.

• Mixed real estate news for Merced County: Foreclosures are down but still high as market improves.

  Mar. 11--A pair of at-odds reports about the local housing market were released Wednesday.

• Slowly, Americans are regaining their lost wealth

  WASHINGTON - Americans are recovering their shrunken wealth - gradually.

• Snowbirds Migrate For Florida Spring Home Selling Season

  Builders are reporting traffic is up in some Florida markets, yet challenges remain.

• Diviners Divided: Economists clash, sow confusion

  NEW YORK - If you're confused about the outlook for the economy and stocks one year after the market hit bottom, then you've got good company - the Wall Street economists and strategists who are supposed to have this all figured out.

• Pima County, Ariz., housing starts in January nearly twice those of last January

  Housing starts got off on a stronger footing this year in Pima County, with nearly twice as many permits taken out this January compared with last.

• Pending Home Sales Index Drops 7.6% in January

  National Association of Realtors suggests that winter weather is to blame.

• Tax Gain Pushes Hovnanian Enterprises Into Positive Territory

  Deliveries fall 10% year-over-year to 1,091 homes in 1Q 2010.

• Orleans Homebuilders struggles with bankruptcy

  Mar. 3--The housing market's collapse hit Orleans Homebuilders Inc. particularly hard.

• Richmond real estate agents remain optimistic about 2010 home sales

  The housing market in the Richmond area is a long way from its peak in 2005.

• SMU dean: North Texas should outpace sluggish U.S. economy

  Mar. 3--PLANO -- The U.S. economy should see sluggish growth for the next two years, but North Texas will fare better because of its tax structure, business incentives, central location and quality of life, SMU business Dean Albert Niemi said Tuesday in an annual forecast.

• As credit squeeze claims commercial developments, fallout could hurt wider economy

  Mar. 2--The aftershock of the national financial crisis is rocking the commercial real estate world, leading to a spike in distressed loans and bankruptcies.

• Orleans Homebuilders Files Bankruptcy

  Despite sharp reductions in debt, land holdings, and headcount over the past three years, the builder ran out of time and cash before it could find a buyer.

• As credit squeeze claims commercial developments, fallout could hurt wider economy

  Mar. 2--The aftershock of the national financial crisis is rocking the commercial real estate world, leading to a spike in distressed loans and bankruptcies.

• Columbus bucks U.S. decline in home sales

  Feb. 27--Central Ohio home sales and prices inched up in January, in sharp contrast to national sales, which plummeted in the month.

• New Year, new misery for housing market

  Feb. 27--The South Florida housing market was hit with a New Year hangover in January as home sales posted double-digit declines versus December.

• Local home resales on rise

  Feb. 27--MANATEE -- The national and local housing markets moved in different directions last month, according to sales reports released Friday.

• Akron-area home sale prices up in January

  Feb. 27--Sales of cheap and foreclosed properties plunged dramatically last month compared to a year ago, with the January average sales price of homes in the greater Akron area at its highest point since 2006.

• Single-Family Construction Spending Slips in January

  Drop is small, but is also first decline in category in months.

• Richmond-area housing market seems to be on upswing

  Feb. 28--Key is consumer confidence about job market The housing market in the Richmond area is a long way from its peak in 2005.