msnbc.com staff and news service reports updated 12/23/2011 10:54:10 AM ET WASHINGTON — New U.S. single-family home sales rose to a seven-month high in November and the months’ supply of houses on the market was the lowest in 5-1/2 years, adding to signs of a budding recovery in the sector. The Commerce Department said on […]
By: Albert Bozzo Senior Features Editor CNBC After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline. This […]
The action plan: It will pay to think small — as in reduce your mortgage bills and focus on modest homes. Buyers: Downsize the dream. For those gearing up to make a purchase, 2012 could be a great opportunity, what with cheap prices, low borrowing rates, and little competition among prospective bidders. Before you take the […]