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Air Pollution No Place Like A Mobile Home
A mobile home may feel cozy, but its tight construction seals in air pollutants better than most conventional homes. Adding to the problem, the pressed wood products typically used in mobile homes give off noxious formaldehyde gas. Many mobile home residents have complained of "sick building syndrome." Now researchers suggest that even those who don't complain may experience health effects and at lower levels of formaldehyde than previously docum ...
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Buying a Foreclosed Home
3 Things To Know About
Meet the latest desperate home seller: the bank. According to RealtyTrac, lenders repossessed 197,800 homes in the first four months of 2008 vs. 90,800 in that period last year. Banks don't want to be in the real estate business, so sometimes they'll accept much less than you might think to get the darn things off their books especially in markets having lots of trouble. But buying such properties has drawbacks. Here's wha ...
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Existing Home Sales Skid In June
A grim report Thursday on sales of existing homes in June signaled that the housing crisis is deepening, with some analysts saying the slump could last into 2010 despite congressional efforts to boost sales and stem foreclosures.
The report helped topple stock prices on Wall Street, with the Dow Jones industrial average sinking 283 points, or 2.4%.
Sales of previously owned homes fell 2.6% from May to June roughly twice as much as expected to a ...
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Home Sales Prices Drop As Traditionally Strong Spring Season Starts
The spring home-buying season got off to a feeble start last month, with sales sliding, prices sinking from their level a year ago, and few holding out hope for a turnaround anytime soon.
Sales of existing single-family homes and condos dropped 2% in March from February, the National Association of Realtors said.
More striking, the median price of an existing home sank 7.7% from March 2007 -- the second-steepest year-over-year price drop since ...
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| New Public Home Auctions Articles Edition... |
 | Home Builders Slip Despite Sales Report
An early rise in the group fizzled after the National Association of Realtors announced a rise in existing home sales
Shares of homebuilders got an initial boost after the Dec. 28 report showing rising sales of existing homes in November, but then headed south.
Sales of existing homes rose to a pace of 6.28 million units in November, up 0.6% compared to October and down 10.7% compared to the same period of 2005, the National Association of Rea ...
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 | Long-Term Trends in the Market for New Homes
In recent decades, it has become increasingly common for builders to sell a home before construction has actually begun that is, when only a developed lot is available. This practice gives the buyer the opportunity to customize the new home that is, to select a particular floor plan or special design features that can be implemented when the house is built. Chart 4 shows that the percentage of overall new home sales represented by the industry's ...
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 | No February Chill for Home Sales
At least one segment of the housing market continues to display resilience. A report from the National Association of Realtors released Mar. 23 showed sales of U.S. existing homes rising 3.9% in February to a 6.69 million unit annual rate, from a revised 6.44 million pace in January [6.46 million previously]. This is the third straight monthly increase in this figure.
The U.S. existing home sales surge in February defied the drop back expected f ...
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 | Selling Your Home in a Slow Market
The halcyon days of home selling are over. No longer can you simply stick a FOR SALE sign on your front lawn and wait to collect your check. Signs of a softening market began to appear in July, when existing-home sales fell 2.9%, followed by a 2.7% drop in August. Says Barbara Kohut, a realtor in the Chicago suburbs: "Houses that would have sold in less than two days last year now stay on the market for 60 days." With demand dropping, forecasters ...
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