Sales in February Solidly Higher Than a Year AgoPosted: March 27, 2012 at 9:29 AM by Deron TuckerPending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®.The Pending Home Sales Index,* a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 in January but is 9.2 percent above February 2011 when it was 88.4. The data reflects contracts but not closings. Lawrence Yun, NAR chief economist, said we’re seeing the conti read more |
Jim Gillespie Named One of 10 Most Admired CEOs Posted: March 22, 2012 at 10:04 PM by Deron Tucker Parsippany, N.J. (March 20, 2012) – A recent survey from online career community CareerBliss identifies Coldwell Banker Real Estate Chief Executive Officer, Jim Gillespie, as one of the 10 most admired CEOs across 3,400 companies. Gillespie was chosen from an analysis of more than 10,000 respondents who graded vision and leadership.Gillespie was the only representative from the real estate industry on the top 10 list. He was joined in the top 10 list by CEOs from companies suc read more |
Texas Foreclosure Rate Still Far Below National AveragePosted: November 15, 2011 at 6:33 AM by Deron TuckerOne in every 988 housing units in Texas had a foreclosure filing on it in October, according to statistics from foreclosure-data aggregator RealtyTrac. Nevada continues to occupy the undesirable top spot on this list, where one in every 180 houses has a foreclosure filing. The national average for the month was one in 563.For sheer numbers of foreclosures, California exceeded all other states in October, with 55,312. By comparison, Texas logged 9,845 foreclosure notices during the m read more |
Home prices rise statewide in TexasPosted: August 05, 2011 at 8:37 AM by Deron TuckerThe Texas Association of REALTORS® provides media outlets with the Texas Quarterly Housing Report, which reflects what's going on in 47 of the state's markets.The latest report shows that real estate prices during the second quarter of 2011 indicate strength in the Texas market: The median price was $150,400, 1% higher than the same quarter of 2010. The average price in 2011-Q2 was $201,288, 4.6% higher than 2010-Q2.The increase in the average price of Texas homes indicates more activity among read more |
Pending Home Sales Rise in JunePosted: August 05, 2011 at 8:35 AM by Deron TuckerPending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May and is 19.8 percent above the 75.9 reading in June 2010, which was the read more |
