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Signed Contracts to Buy US Homes Level Off

The number of Americans who signed contracts to buy existing homes in November was essentially unchanged from October, suggesting sales are stabilizing after several months of declines.

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Home Sales
Scott Olson, Getty Images
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Existing-Home Sales Drop in November

The number of people who bought existing U.S. homes in November declined for the third straight month. Higher mortgage rates have made home-buying more expensive, while the lingering effect of the October government shutdown might have deterred some sales.

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Home Sales
Scott Olson, Getty Images
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Home Sales Jump in October

Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.

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Homes for Sale
Justin Sullivan, Getty Images
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NJ Real Estate Sales Expected to Rise [AUDIO]

While real estate sales across the country are predicted to remain only steady next year, New Jersey sales are way up.

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Homes for Sale
Justin Sullivan, Getty Images
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Fewer Homes for Sale, Prices up in New Jersey [AUDIO]

A new report indicates it's a sellers market for homes in New Jersey right now.

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Money
Flickr User 401(K) 2012
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New Jersey 9th in Nation for Cash Sales on Homes [AUDIO]

When it comes to homes sold in New Jersey, about 45 percent were cash sales in July, up from 36 percent a year ago and above the nationwide average of 40 percent.

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For sale sign
(Facebook)
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New-Home Sales Plunge As Mortgage Rates Rise

Americans cut back sharply in July on their purchases of new homes, a sign that higher mortgage rates may weigh on the housing recovery.

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Housing Construction
Spencer Platt, Getty Images
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Builders Broke Ground on More Homes in July

U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes -- the bulk of the market -- and sought fewer permits to build them.

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Homes for Sale
Justin Sullivan, Getty Images
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NJ Home Prices On The Rise

New Jersey home prices are on the rise. 

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For Sale Sign
Terry Vine, Getty Images
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Home Ownership Out-of-Range For Young Adults [AUDIO]

College graduation and 18th birthdays aren't excuses for children to move out anymore; in fact, more twenty-somethings are staying at home while they figure things out.

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