New home sales climb 3.4%

New home sales climb 3.4%     National numbers are up for 3 of the 4 past monthsASSOCIATED PRESS By Martin Crutsinger WASHINGTON – Sales of new homes bounced back in November and have now posted increases in three of the past four months, a hopeful sign...

What Causes Housing Price Declines?

Real estate normally appreciates one to two percentage points above inflation, but between 2001 and 2005, real estate increased 50 percent, an abnormally high return that benefited homeowners and sellers across the nation. Then in 2006, prices and sales began to...