News
Marketing & Statistics

California New-Home Market Begins 2010 Still in the Red, CBIA Announces

SACRAMENTO, CA - March 17, 2010 - (RealEstateRama) — The pace of home sales at California new-home communities in January continued at moderately lower levels when compared to the same period a year ago, the California Building Industry Association reported today.

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February Massachusetts 2010 REALTOR® Market Index up Almost 100 percent Compared to the Same Time Last Year

WALTHAM, MA - March 16, 2010 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) today announced that for the second month in a row members reported solid improvement in market conditions over February 2009 according to results of the February 2010 Massachusetts REALTOR® Market Index (RMI). REALTOR® members also feel that prices are trending in a positive direction.

Read the full article: February Massachusetts 2010 REALTOR® Market Index up Almost 100 percent Compared to the Same Time Last Year ...

Atlanta Real Estate Firm Ranks #1 in 2009 for Listings and Buyers

Atlanta, GA - March 4, 2010 - (RealEstateRama) — Atlanta real estate, despite the economy and misleading television news reports, still had a very active year in 2009. Prudential Georgia Realty, for instance, sold 6,800 homes in metro Atlanta in 2009 for a gross residential sales volume of more than $1.5 billion. According to data collected by Trendgraphix, Prudential was number one in listings for 2009, with 3,025 listings. This was 29 percent higher than Harry Norman, Realtors and 36 percent higher than Coldwell Banker Residential Real Estate Brokerage

Read the full article: Atlanta Real Estate Firm Ranks #1 in 2009 for Listings and Buyers ...

Pending Home Sales Up for Eighth Straight Month in February

WALTHAM, MA - March 2, 2010 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that the number of single-family homes put under agreement in February was up 16 percent over the same time last year, while condominiums were up 25 percent. February marks the eighth straight month that the number of both single-family homes and condominiums put under agreement had increased over the year before

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Illinois Home Sales Increase 14 Percent in January from a Year Ago

SPRINGFIELD, IL - March 1, 2010 - (RealEstateRama) — Buyer market conditions remain in most Illinois housing markets as January marked the fifth consecutive month of year-over-year home sales increases while the statewide median price logged its first uptick since September 2007. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in January 2010 were up 14.0 percent, totaling 5,483 homes sold compared to January 2009 sales of 4,809 homes. The median price in January 2010 was $145,300, up 0.2 percent from $145,000 in January 2009. The median is a typical market price where half the homes sold for more, half sold for less.

Read the full article: Illinois Home Sales Increase 14 Percent in January from a Year Ago ...

Florida’s Existing Home, Condo Sales Rise in January 2010

ORLANDO, FL - March 1, 2010 - (RealEstateRama) — Florida’s existing home sales rose in January, marking 17 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.Existing home sales increased 24 percent last month with a total of 10,465 homes sold statewide compared to 8,444 homes sold in January 2009, according to Florida Realtors. January’s statewide sales of existing condos rose 81 percent compared to the previous year’s sales figure

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January 2010 New York State home sales up 11 percent from year ago

Albany, NY - February 26, 2010 - (RealEstateRama) — The New York state housing market posted an improved start to 2010 compared to the beginning of last year with sales increasing by 11 percent compared to January 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

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C.A.R. releases “2009-2010 Survey of California Home Sellers”

LOS ANGELES, CA - February 26, 2010 - (RealEstateRama) — Changes in family and employment status as well as adjustments to monthly mortgage obligations played significant roles in California’s homeowners’ decisions to sell their homes in 2009, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009-2010 Survey of California Home Sellers.” According to the report, 67 percent of all sellers in California did so as a result of difficulties related to meeting their mortgage obligation.

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C.A.R. reports January median price increased 15 percent; home sales decreased 10.6 percent

LOS ANGELES, CA - February 24, 2010 - (RealEstateRama) — Home sales decreased 10.6 percent in January in California compared with the same period a year ago, while the median price of an existing home rose 15 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Read the full article: C.A.R. reports January median price increased 15 percent; home sales decreased 10.6 percent ...

Dodd Asks Regulators for Answers on Commercial Real Estate Market

February 22, 2010 - (RealEstateRama) — Today, Senate Banking Committee Chairman Chris Dodd (D-CT) wrote Federal bank regulators and asked them to report on their efforts to stabilize the very troubled commercial real estate market (CRE).

Read the full article: Dodd Asks Regulators for Answers on Commercial Real Estate Market ...