Monthly Archives: July 2011

New Home Sales | Qld Homebuyers Tempted With $10,000

01 Aug 2011 – 05:08amQueensland is expecting a boost in new home sales from today, with the offer of a 10-thousand dollar incentive to buyers.The state government expects 14 thousand new homes will be purchased under the new 140-million dollar program, starting today and running until January 31.And it hopes the offer will sway southerners to buy Queensland investment properties.Queensland Premier    .. more …

Existing Home Sales | Existing Home Sales Ease Back In June

WASHINGTON, July 20 (UPI) — Sales of existing U.S. homes slipped in June as contract cancellations rose unexpectedly, the National Association of Realtors said Wednesday.Sales of single-family homes, including co-ops, condominiums and townhouses, fell 0.8 percent from May to a seasonally adjusted annual rate of 4.77 million homes. Sales were 8.8 percent below sales in June 2010, when the annual    .. more …

Existing Home Sales | Existing-Home Sales In U.S. Unexpectedly Decreased In June

(Updates with closing market in fifth paragraph.) July 20 (Bloomberg) — Sales of previously owned U.S. homes unexpectedly declined in June to a seven-month low as the industry struggled to overcome rising unemployment and foreclosures. Purchases dropped 0.8 percent to a 4.77 million pace, data from the National Association of Realtors showed today in Washington. The median projection in a    .. more …

Existing Home Sales | U.S. Dollar Briefly Offered Lower As Existing-Home Sales Drop

THE TAKEAWAY : U.S. Existing-Home Sales Disappoint > Labor Market, Foreclosures Weighing > U . S . Dollar Bearish U.S. existing-home sales fell in June, surprising the market, as a deteriorating labor market coupled with an increase in foreclosures has continued to weigh on the housing sector. Existing-home sales were up by 4.77 million in June, below the 4.90 million forecast, as well as below    .. more …

Existing Home Sales | Existing Home Sales Down From June 2010

Existing home sales and sales volume in June were down from the same month last year.The Wichita Falls Association of Realtors Multiple Listing Service reported 111 homes were sold during the month, a decline of 38 from 149 in June 2010.The sales volume in June was $13,031,204, a drop of $6,160,501 from $19,191,705 last year.The June numbers also were running behind the previous month. A total of    .. more …

New Home Sales | WCI Communities Launches New Home Sales At Westshore Yacht Club In Tampa

Contributed by Gravina, Smith, Matte and Arnold Marketing and Public RelationsTAMPA ” WCI Communities is welcoming homebuyers to the new sales center at Westshore Yacht Club, a 73-acre luxury master-planned community in Tampa.The fully-appointed Westshore Yacht Club welcome center offers visitors a look inside the lifestyle of the bayfront boating community, homes and amenities, which include the    .. more …

Existing Home Sales | Existing Home Sales In U.S. Rose 2.4% In June

The number of contracts to purchasepreviously owned U.S. homes unexpectedly rose in June as buyerstried to take advantage of lower prices and borrowing costs. The 2.4 percent rise in the index of pending home resalesfollowed an 8.2 percent May gain, the National Association ofRealtors said today in Washington. Economists forecast a 2percent drop, according to the median estimate in a BloombergNews    .. more …

New Home Sales | Behind The Numbers: Pending Home Sales Rise

This week’s reports on the housing market have been decidedly mixed.On Tuesday, the government said new home sales were down 1% on a monthly basis in June. Also that day, the SP/Case-Shiller index of home prices in 20 major U.S. cities was down 4.5% in May from a year earlier.But today’s news was positive and unexpected: The National Association of Realtors’ seasonally adjusted index for pending    .. more …

New Home Sales | New Home Sales Slip Again In June

NEW YORK (CNNMoney) — Sales of new homes slipped for a second straight month in June, unexpectedly falling 1%, as homebuilders remained reluctant to boost production. The Census Bureau reported an annual sales rate of 312,000 new homes last month, down slightly from a revised rate of 315,000 homes in May. Compared to new home sales a year ago, June sales were up 1.6%.Despite the year-over year    .. more …

New Home Sales | DR Horton’s Profit Falls In Fiscal 3rd Quarter

(AP)- 1 day ago FORT WORTH, Texas (AP) ” D.R. Horton Inc. said Thursday that its profit fell 43 percent from a year ago in its fiscal third quarter as the homebuilder closed on fewer homes and new home orders declined.Still, the company’s earnings trumped Wall Street estimates and the builder’s management said the company is in position to be profitable for fiscal 2011.The company’s shares rose    .. more …