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Repossessed Home Sales

Shortage of Buyers Drags Home Sales To 13-Year Low New home sales continued their precipitous slide in February, hitting a 13-year low as unsold homes languished on the market because of a scarcity of buyers. Sales of new homes fell 1.8% in February, according to a report Wednesday by the Commerce Department. The median price of new homes in Februa ... read more>>   Selling Your Home On The Auction Block Are auctions only for distress sales? That's an unfair stereotype. People are beginning to use auctions for all classes of homes. Most are motivated sellers there's been a death or divorce, or they've bought another home or want to move to a different school district. There are also sellers who list ... read more>> Sales Of Homes End Long Descent Home sales posted their largest increase in a year in February as prices finally fell enough to lure reluctant buyers back into the market. Sales of existing homes rose 2.9% from January, the National Association of Realtors said Monday. The increase, which was largely unexpected by economists, is ... read more>>   New Home Sales A Stunning Slide A Commerce Dept. report released on Dec. 28 showed U.S. new home sales plunged 9%, to a 0.647 million unit annual rate in November, from a downwardly revised 0.711 million in October [from 0.728 million previously]. Market forecasters had expected a more modest decline to 0.715 million. Following do ... read more>>

New Home Auction Articles Edition... Mobile Home Market In Flux But Warren Buffett Finds A Road To Profit WARREN BUFFETT this decade became the nation's No. 1 manufacturer of mobile homes-or, as the industry prefers to call them, manufactured housing-by acquiring Clayton Homes and bankrupt Oakwood Homes in 2003 and 2004, the two worst years for mobile-home shipments in decades. "Manufactured housing … ... read more>> Home Sales Sink Rates Inventory Rise Rising interest rates are making it increasingly hard to buy a home and are putting the brakes on the nation's most expensive housing markets. The latest evidence came Tuesday from the National Association of Realtors, which said sales of existing homes fell 6% from January to May. The drop was wor ... read more>> Drop In Home Sales Puts Pressure On Prices Home sales posted an unexpectedly sharp drop last month to the lowest level since January 2004, and home prices fell in all regions of the country but the South, the National Association of Realtors said Wednesday. The downward pressure on home prices will probably continue through the beginning of ... read more>> A Home of Her Own You've probably heard that thanks to divorce and the fact that women outlive men, 90% of women will be solely responsible for their finances at some point in their lives. Now a new study on women and home ownership conducted by Mathew Greenwald & Associates for Sears Roebuck notes that almost as man ... read more>>