Notes and Opinions from one of Arizona's Most Trusted Loan Teams Realtors Say Existing Home Sales Rose in July August 25th, 2008 11:50 AM Sales of previously owned homes climbed to 5 million units on a seasonally adjusted basis in July, reports the National Association of Realtors. The 3.1-percent increase was attributed to a wave of buyers who grabbed up bargain-priced properties in the U.S. markets suffering most from the housing slump. The gain was nearly double that anticipated by a sample group of economists, who had called for an increase of 1.6 percent, but the volume remains more than 13 percent below year-ago levels. The price of a home sold in July, meanwhile, was off 7.1 percent from this time last year, to a median of $212,000. More From "Realtors Say Existing Home Sales Rose in July" Associated Press (08/25/08) Posted by on August 25th, 2008 11:50 AMPost a Comment (0) * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: Mortgage Underwriting is Stifling Housing Recovery Tight Mortgage Credit Still an Issue RATES - RATES - RATES Taking the mystery out of FHA Non-Occupant Co-Borrower Loans Positive Shift in Real Estate Sales 5% Down Conventional Loans are Back First Time Buyers and All Refinances Need to Hurry 10 Important Tips About Homebuyer Tax Credit NAR: Pending Sales Down - Higher Than Last Year 2009 Wrap Up Archive: August 2007 Good time to buy? Posted by Jon Laird on August 30th, 2007 1:27 PM State of the Mortgage Industry Today Posted by Jon Laird on August 24th, 2007 12:57 PM November 2009 Rates Remain Great - First Time Buyer Credit Extended Posted by Jon Laird on November 13th, 2009 3:01 PM October 2009 Big Changes for Us - Better Service for You! 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