More good news for Boise Home Buyers!
March 30th, 2011 | Posted by: edPosted in Market Watch, Real Estate, The Economy, Trends & Demographic | Tags: bank owned list, bank owned properties, bargain homes, bargain real estate, boise homes, boise homes for sale, buy bank owned properties, buy foreclosed properties, foreclosure properties, foreclosures, forecloureslist, Homes for sale, Idaho homes, Idaho real estate, Idaho real estate plus, Nampa homes, Nampa homes for sale, shor tsales, short sale homes
Existing-Home Sales Rate for December: 5.28 million
This is a seasonally adjusted annual rate, which is the actual rate of sales for the month, multiplied by 12 and adjusted for seasonal sales differences.
By Lawrence Yun | March 2011
Pending Home Sales Index For December: 93.7
This index measures housing contract activity. An index of 100 is equal to the level of activity during 2001, the benchmark year.
Source: NAR Research
Healthy Gains Continue
Existing-home sales took a significant leap forward with a 12.3 percent increase in December to a sales pace of 5.28 million units. Despite a big summer dip, actual sales for 2010 were expected to be near 5 million. NAR’s forward-looking Pending Home Sales Index for December was also up, by 2 percent, indicating continuing strength in home sales in the months ahead.
New Year, New Optimism
Practitioner confidence continued on a strong upswing in the latest business confidence survey, with respondents feeling good about housing sales now and into the summer. In January, practitioners said
