Residential Sales

Home Prices Up For Year Ending In October; Month Down A Bit

NEW YORK NY – Home prices across 20 cities nationwide rose 4.3 percent during the 12 months ending in October (2012), as measured by the Case-Shiller Home Price Indices released Wednesday (Dec. 26, 2012), and that upbeat performance out-distanced analysts’ forecasts. Anticipated seasonal weakness did show up, however, as 12 of the 20 posted monthly …

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Philly Area’s Homes Trail Cumulative Value Trend In 2012

PHILADELPHIA PA – Homes in the greater Philadelphia market, including those in western Montgomery County, are anticipated to have lost $1.6 billion in cumulative value during 2012, according to an analysis of Zillow® Real Estate Market Reports released Wednesday (Dec. 19, 2012). As bad as that news might be, Zillow said, 2011 – when Philadelphia …

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Florida’s Housing Market Continued Upswing During November

ORLANDO FL – Closed sales, pending sales, median prices and average prices all rose across Florida’s housing market during November (2012), while the inventory of homes and condos for sale got smaller, according to housing data released by Thursday (Dec. 20, 2012) by Florida Realtors®, formerly the Florida Association of Realtors®. “With home sales strongly …

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Armstrong Floor Products Donated To Homes For Our Troops

LANCASTER PA – Armstrong Floor Products will donate the flooring for 30 homes to be built across the country during 2013 by Homes for Our Troops, a national non-profit organization that creates specially adapted homes for severely injured veterans, the company announced Thursday (Dec. 6, 2012). The homes are built at no cost to veterans …

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Challenge For Brokers And Agents: Calming Consumer Fears

NEWTOWN SQUARE PA – Winning is in, and losing has never been a good thing. As the National Association of REALTORS® approaches the 2012 edition of its Nationwide Open House Weekend, scheduled for April 28-29 (2012; Saturday and Sunday), one challenge that faces real estate brokers and salespeople across Pennsylvania is proving to consumers they’ll …

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Generational Tastes, Move To Smaller Homes Driving Storage

NEW YORK NY – The previously high-growth $7.4 billion market for home organization and storage has slowed down due to the housing collapse and enduring economic problems, according to “Home Organization in the U.S: General Purpose, Closet, Garages, and Storage Sheds,” a report released Monday (Nov. 14, 2011) from a market research firm called Packaged …

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Time For Home Builders’ To Reinvent Themselves, CEO Says

BENSALEM PA – The downturn in the U.S. housing market has given home-builders an opportunity to reinvent themselves, a company president told those in attendance at the annual fall meeting of the Urban Land Institute, because “builders won’t make money doing things the way they used to,” Orleans Homes CEO George E. Casey Jr. said. …

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