Real estate economics

U.S. new-home sales rise to match 2-year high

WASHINGTON (AP) – Sales of new homes in the U.S. rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market. The […]


US homebuilder confidence at 5-year-high in August

(AP) – U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they’ve been since the home bubble burst five years ago. The National […]


Southland housing market is on fire (audio)

As heard on KFWB News Talk 980 today, the housing market is hot, hot, hot! Money 101 host Bob McCormick spoke with Leslie Appleton Young, Chief Economist with the Califonia Association of Realtors. Listen to […]




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