Posts tagged sales

Local home sales rise again in April

For the three-month period ending April 30, Southern Oregon Multiple Listing Service reported 433 single-family residences exchanged hands, compared to 371 for the same period in 2009, a 16.7 percent increase.

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Pending Home Sales Rise

Americans rushed to sign contracts for previously owned homes in February, signaling a fat tax credit might revive the housing market this spring. Despite snowstorms and joblessness, the National Association of Realtors’ index for pending sales of used homes rose by 8.2% to 97.6, the industry group said Monday.

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Home Sales 27% Higher Than Last Year

Bolstered by low interest rates and a first-time home buyers tax credit, existing-home sales rocketed 27.2% from the fourth quarter of 2008 to a seasonally adjusted annual rate of 6.03 million, the National Association of Realtors reported Thursday.

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Local Housing Market Climbing Back

In November, Jackson County’s home sales rose by an eye-popping 73% compared with the same month in 2008. “This surprised even us,” Blanton says. The double-digit increase is related to a drop in home prices, stable interest rates and the first-time home buyer tax credit.

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