Short sales on homes surge as tax break nears end

courtesy of San Antonio Business Journal by Mike W. Thomas, Reporter Date: Thursday, December 6, 2012 Short sales of U.S. homes were up 35 percent during the third quarter compared to one year ago as homeowners and banks anticipate the end of a tax break on forgiven...

New home permits soaring around Phoenix

courtesy of Kristena Hansen Reporter- Phoenix Business Journal The continued surge in existing home prices and a tight supply of properties on the market throughout metro Phoenix has been causing a ripple effect on the new home market, which saw a 65 percent...

Pending Home Sales Rise in October

courtesy of NAR, Media Contact: Walter Molony WASHINGTON (November 29, 2012) – Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors®.     The Pending Home Sales Index,* a...