Posts Tagged: recovery

Hurricane Sandy’s Aftereffects Likely to Dampen Real Estate Market in Northeast

Existing-home sales, a market indicator followed by economists and analysts, probably will slow in the U.S. Northeast for the rest of 2012 as superstorm Sandy disrupts deals, the National Association of Realtors said. “Closings may be delayed, and a lot occur at the end of the month,” Walter Molony, a spokesman for the group, which… Read more »

Texas Real Estate Market Showing Strong Signs of Recovery

They say everything’s bigger in Texas, including, it seems, the housing market recovery. Real estate agents in Dallas-Fort Worth sold almost 8,000 single-family homes in August, according to the Dallas Morning News, an 18 percent increase over July and the 14th consecutive month purchases have been higher than the year before. Another landmark: August sales… Read more »

US: Real Estate Recovery Delayed Until 2014?

More than half U.S. homeowners and renters say housing won’t recover until at least 2014, reflecting a deepening pessimism about the real estate market, according to a survey by Trulia Inc. and RealtyTrac Inc. The survey, taken in April, found that 54 percent of respondents don’t expect a recovery for at least three years, up… Read more »

US Fed Promotes Economic, Real Estate Market Recovery

Deflation fears are gradually receding. Last year’s Federal Reserve action to buy $600 billion worth of Treasury Bonds was an attempt to spur recovery and keep long-term interest rates low. It appears that board members are now mildly optimistic about 2011. According to the Federal Reserve, “The economic recovery is continuing, though at a rate… Read more »