The market for newly-built homes remains strong. As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. A "new home" is a home that can be considered new construction. July's New Home Sales report highlights what today's buy
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09/28/2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. A "pending home sale" is a home under contract to sell, but not yet sold. Data for the index is collected by the National Association of REALTORS® and published monthly. The rise i
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09/28/2012
CNNMoney has released its Best Places To Live 2012 list. The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and "town spirit", and focusing on towns with between 50,000 and 300,000 residents, this year's survey ranks the country's b
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09/18/2012
The average family puts 10-15 percent of its monthly spending toward food, according to the Bureau of Labor Statistics and Department of Agriculture, with most of that food purchased at a supermarket. The amount spent on food is less than the typical amount spent on housing each month but what ma
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09/18/2012
For today's home buyers and refinancing households, the value of "good credit" has never been higher. Mortgage approvals hinge on your FICO score, as does your final mortgage pricing. If you're shopping for a home in CA , therefore, or contemplating a refinance, be aware of how everyday credit be
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09/18/2012
The number of U.S. housing markets showing "measurable and sustained growth" has increased by 19 this month, according to the National Association of Homebuilders' Improving Market Index. The Improving Market Index is a monthly report meant to identify U.S. markets in which economic growth is occ
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09/18/2012