Topic: Real Estate Sales
Hovnanian CEO: Glut of unsold homes easing
AP News
CEO of homebuilder Hovnanian says market could withstand a 'little' increase in foreclosuresThe CEO of Hovnanian Enterprises Inc. said a modest surge in foreclosures this year wouldn't have a devastating effect on the homebuilder's sales. Ara Hovnanian said new construction and the inventory of homes for sale have ...
Stock market saying the economy will remain strong?
Stockhouse
Has a better track record than economistsLast summer, worries that the serious global recession was going to wind up in a global depression were replaced with confidence the recession would soon end.
Global stimulus efforts began to work. Plunging home sales reversed to monthly sales gains. Job losses that had ...
US existing-home sales dip 7.2% in January
AFP Global Edition
US existing-home sales fell to their lowest level in seven months in January, industry data showed Friday, highlighting ongoing woes for a sector that was at the epicenter of the financial crisis. The National Association of Realtors (NAR) said sales of single-family and townhomes and condominiums dropped 7.2 percent ...
US existing-home sales dip 7.2 percent in January
AFP American Edition
US existing-home sales fell to their lowest level in seven months in January, industry data showed Friday, highlighting ongoing woes for a sector that was at the epicenter of the financial crisis. The National Association of Realtors (NAR) said sales of single-family and townhomes and condominiums dropped 7.2 percent ...
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