Alesandra Maria Desouza |
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Homes for Sale News Archive 02-Nov-2007 Industry experts and local real estate agents agree: For the Charleston market to get back on an upswing, the number of homes for sale has to return to a more normal level. Though sales began slowing in February 2006, buyers continued to list their homes, creating a massive buildup in avai... I have to admit, I was taken by surprise a while back when a realtor friend from South Knoxville emailed to ask: ?Where?s the love for Island Home?? It all started, apparently, when a neighbor commented that, while I do write up homes for sale in Island Home, when mentioning center city neighborhoods in general, Island Home doesn?t make what she referred to as my ?comma list.? More homes for sale, even as sales fall An oversupply of new and existing homes continues to haunt home sellers in the Twin Cities area, according to a report issued Tuesday by the Twin Cities office of Metrostudy. The company, which provides market research for large national builders and developers, said the number of active listings on the market during the third quarter rose 9.9 percent, ... PHOENIX (AP) -- A glut of homes on the market has resulted in falling prices and is expected to keep pressure on metro Phoenix housing prices until sales pick up. At least someone in the housing market is happy: Landlords. Even as prices of homes for sale decline, data show that rental prices are rising in the vast majority of markets nationwide, putting pressure on the pocketbooks of the nearly one-third of Americans who rent rather than own their homes. Houston, you have a problem ? with housing inventory. And as the number of homes for sale in the country continues to creep upward thanks to waning demand, many other major U.S. cities are dealing with the same issue. Vacant homes are a big reason why Valley home prices are falling. At least one out of every three homes for sale across metropolitan Phoenix is empty, and owners are motivated to cut prices to sell. Tecumseh Products Co. said it agreed to sell its non-core automotive and specialty operation for $10 million. adsense code Back to Alesandra Desouza Back to Homes for Sale News Archives |
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