Pending Home Resales Drop

July 2010
American Banker;7/2/2010, Vol. 175 Issue F325, p7
Trade Publication
The article reports that pending U.S. home resales fell by some 30% in May 2010, following the expiration of a homebuyer tax credit.


Related Articles

  • Tax Credit Aids a 27% Rise in New-Home Sales.  // American Banker;4/26/2010, Vol. 175 Issue 63, p9 

    The article discusses the impact the homebuyer tax credit has had on the increase in new-home sales in the U.S.

  • Expired Tax Credit Lull Persists in SoCal. Harmon, Jennifer // Origination News;Oct2010, Vol. 20 Issue 1, p36 

    The article reports on the weak home sales in Southern California due to the loss of federal homebuyer tax credits.

  • CA Finds Entry-Level Sales Are Weaker.  // Origination News;Oct2010, Vol. 20 Issue 1, p36 

    The article reports on the transition of the California housing market from housing tax credits due to its stronger home sales.

  • 5 good reasons to jumps off the fence and buy a home.  // New Orleans Homes & Lifestyles;Autumn2009/Winter2010, Vol. 11 Issue 9, p105 

    The article offers five good reasons to buy houses. It indicates that potential first-time homebuyer will be gaining 8,000 dollars tax credit bonus after making a purchase before December 1, 2009. Other reasons include affordable houses, low interests rates, several large amount of houses to...

  • Long slog to housing recovery. Gallun, Alby // Crain's Chicago Business;2/1/2010, Vol. 33 Issue 5, p1 

    The article discusses housing market of Chicago, Illinois. According to a forecast by John Burns Real Estate Consulting, Chicago-area existing-home sales will begin rising again in 2011. The firm projects new-home sales will fall even further this year and next inspite of tax credit and...

  • Affordable rental housing in the United States: from financial crisis to fiscal austerity. Schwartz, Alex // Housing Finance International;Spring2013, Vol. 27 Issue 3, p17 

    The article analyzes how affordable housing has fared since the collapse of the housing market in 2008, and discusses rental housing subsidy programs in the U.S., particularly Low-Income Housing Tax Credit, as well as the impact of the housing crisis on the tax credit and shallow subsidy...

  • That Crash You Heard Was The Housing Market, Again. Remmers, Jerry K. // Moderate Voice;8/24/2010, p8 

    The article presents the author's insights on the decline of the U.S. housing unit sales due to the expiration of the government's stimulus tax credit. It notes that the 27.2% decline in July 2010 will get worse as what occured from May 2010 to June 2010. It states that the seasonally adjusted...

  • "Spring buying" a boon for builders, sellers. Lindt, John // Business Journal Serving Fresno & the Central San Joaquin Valley;5/21/2010, Issue 324181, p1 

    The article reports on the boost of home sales in California. It mentions that the expiration of some tax credits helped boost the number of pending existing home sales in Tulare County multiple listing service to more than 400 in April 2010 which is the highest in a decade. According to Larry...

  • N.J. housing picture looks brighter, but clouds remain. Lee, Evelyn // njbiz;11/23/2009, Vol. 22 Issue 47, p11 

    The article reports on the signs of economic recovery in New Jersey's housing market and the negative impact of the state's changing demographics on the housing market. The cited indicators of recovery are home sales increase, decline in available homes and appreciation of housing prices. Other...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics