short sales

Existing-Home Sales Continue to Rise in November 2011, NAR says

Buying a Home, Foreclosures, Real Estate, Selling a Home, Short Sales / By

The National Association of Realtors (NAR) announced last Wednesday that existing-home sales rose in November this year and stayed above one year ago. “The latest monthly data shows total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 4.0 percent to a seasonally adjusted annual rate of 4.42 million in …

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U.S. Home Prices Down by 3.9% on a Year-Over-Year Basis

Buying a Home, Real Estate, Selling a Home, Short Sales / By

On a year-over-year basis, or October 2011 compared to October 2010, the U.S. national home prices, including distressed sales, fell by 3.9%, this according to CoreLogic, a leading provider of information, analytics and business services. Distressed sales, according to CoreLogic, include real estate owned (REO) transactions and short sales. For the month of October 2011, …

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