by Jeff Bukhari | Apr 22, 2013 | Economy
Existing home sales are expected to increase modestly in March, with investors driving the gain as they continue to take advantage of low interest rates. The median estimate of existing home sales by economists surveyed by Bloomberg was a seasonally adjusted 5.01...
by Jeff Bukhari | Apr 7, 2013 | Economy
After the housing bubble burst and home values plummeted, Peter Anderson put his plan to open a landscaping business on hold. The value of his Phoenix home had been nearly cut in half from its peak, meaning the collateral he was going to borrow against to start his...
by Jeff Bukhari | Mar 23, 2013 | Economy
Sales of existing homes climbed in February, with an increase in buyers driving prices up as the economy continues its recovery. Purchases rose 0.8 percent to a seasonally adjusted annual rate of 4.98 million homes in February, according to data released by the...
by Jeff Bukhari | Feb 22, 2013 | Economy
Sales of existing homes in the United States climbed in January, as homebuyers faced a tight supply of homes on the market. Existing home sales rose to a seasonally adjusted annual rate of 4.92 million, a 0.4 percent increase from the revised December figure,...