"From May to June, approximately $800,000 drop in sales in this area." Said Darrell Jolly, owner of Regency One Realty.The effects of a still sluggish housing market continue to plague home sellers in the Wichita Falls area. Since the end of 2007, home values have dipped drastically, leaving less pe Full story
Home buyers face competition as investors want to rent the homes out, with CNBC's Diana Olick; Mike Aubrey, HGTV host of "Power Broker"; and Jared Jones, Horizon Realty Group. "In the next year, buyers may get a baton pass from investors," says Jones.
Home sales fell 1.2 percent month-to-month in June, reports CNBC's Diana Olick. Tanya Marchiol, Team Investments CEO, and Susan Wachter, The Wharton School, discuss why homes aren't selling.
CNBC's Diana Olick reports that June existing home sales are down 1.2 percent. They were up 3.4 percent in May. And inventories were up, as well, even though they were down year over year.
As rates rise, home buyers are hurrying to lock in the lowest possible payment, reports CNBC's Diana Olick.
CNBC's Diana Olick reports new home sales in May are at the highest annual rate since July of 2008. Anika Khan, Wells Fargo Securities, and Dan Greenhaus, BTIG, discuss how much housing consumers care about global economic headwinds.
epa01837844 A general view of a new home for sale in Arlington, Virginia outside Washington DC, USA, 26 August 2009. Sales of new homes in the US grew 9.6 per cent in July 2009 compared with a month earlier according to the US Commerce Department. The fourth-straight monthly increase indicates that
In this Wednesday, Feb. 27, 2013 photo, a for sale sign hangs outside a home in Glenview, Ill. Average U.S. rates on fixed mortgages were little changed the first week of March, hovering near historic lows. The lowest mortgage rates in decades have boosted home sales and helped the market rebound. (
Potential home buyers take a tour of a open house at a new apartment development during the 2013 Spring Real Estate exhibition in Shanghai March 15, 2013. China's new home prices rose in February from a year ago for a second consecutive month, though gains are expected to ease after the government u
A general view of private condominiums at Tanjong Rhu is seen in Singapore March 15, 2013. Singapore's private home sales fell nearly 65 percent in February from the previous month, a sharp decline after the government unveiled new measures to cool the residential property market in January. REUTERS