A study released last week by Global Insight and National City Corporation titled House Prices in America concludes that in 71 metropolitan areas representing 39 percent of the total value of single family homes in the country those homes were extremely overvalued in the first quarter of 2006. This is...
Both the National Association of Realtors (NAR) and the Department of Commerce (Census Bureau) /U.S. Department of Housing and Urban Development released figures on Tuesday confirming that U.S. housing sales are continuing on a record trajectory. NAR announced that existing-home sales hit an all time...