{"id":2253,"date":"2012-02-22T13:22:36","date_gmt":"2012-02-22T13:22:36","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=2253"},"modified":"2012-02-22T13:22:36","modified_gmt":"2012-02-22T13:22:36","slug":"property-sales-up-in-the-us","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/property-sales-up-in-the-us\/","title":{"rendered":"Property sales up in the US"},"content":{"rendered":"<h2>Property sales up in the US and building sector confidence increases.<\/h2>\n<div id=\"attachment_2254\" style=\"width: 320px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/02\/lpiimg8089168.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2254\" class=\"size-full wp-image-2254\" title=\"Property sales up in the US and building sector confidence increases\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/02\/lpiimg8089168.jpg\" alt=\"Property sales up in the US and building sector confidence increases\" width=\"320\" height=\"240\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/02\/lpiimg8089168.jpg 320w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/02\/lpiimg8089168-300x225.jpg 300w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><p id=\"caption-attachment-2254\" class=\"wp-caption-text\">Property sales up in the US and building sector confidence increases<\/p><\/div>\n<p><span style=\"font-family: Calibri;\">Residential property sales in the United States edged upwards for the seventh month in a row in January, according to the latest RE\/MAX national housing report.<br \/>\n<\/span><\/p>\n<p>It shows that real estate sales are now 3.4% above levels seen a year earlier in the 53 metropolitan areas covered by the survey.<\/p>\n<p>In January, the median price of homes sold in the 53 metros was $129,306, only 0.8% lower than a year earlier and a 3.4% drop from December.<\/p>\n<p>Perhaps due to falling foreclosure numbers, for the 19th consecutive month, inventory levels dropped in January. The average inventory of homes for sale dropped 24.1% from a year earlier and 4.2% from December.<\/p>\n<p>\u2018If sales continue ahead of last year\u2019s pace and inventory does not increase significantly, we could start to see increasing home prices this year,\u2019 said RE\/MAX chief executive officer Margaret Kelly.<\/p>\n<p>Of the metro areas included in the January survey, 20 saw double digit jumps from a year earlier, and 36 experienced higher sales, including Albuquerque up 33.9%, Wilmington-Dover, Delaware, up 33.2%, Atlanta up 26.3%, Indianapolis up 19.6%, Providence, Rhodes Island, up 19.6%, Nashville up 19.5%, Cleveland up 18.9% and Chicago up 15.3%.<\/p>\n<p>Meanwhile, data from the Commerce Department shows that housing starts rose 1.5% in January, the highest level since October 2008.<\/p>\n<div>On a seasonally adjusted basis, starts increased to 699,000 from 689,000 for December, which was revised upward by 32,000. January housing starts rose 9.9% from 636,000 a year earlier.<\/div>\n<p>Analysts polled by Econoday expect housing starts to come in at 675,000 with a range of estimates between 640,000 and 736,000.<\/p>\n<p>\u2018January\u2019s housing starts data support our view that home builders are shaking off the shackles of the last five years and are beginning to contribute to GDP growth,\u2019 said analysts at Capital Economics, but added; \u2018That said, the housing sector is currently not big enough to set the economy alight\u2019.<\/p>\n<p>Figures from the Census Bureau and the Department of Housing and Urban Development show that single family starts fell 1% last month to a seasonally adjusted rate of 508,000 units, down from an upwardly revised 513,000 for December.<\/p>\n<p>But construction of multi family housing increased by 14% to an annualised rate of 175,000 in January.\u00a0 And the latest National Association of Home Builders\/Wells Fargo housing market index shows that builder confidence is at a four year high.<\/p>\n<p>Source &#8220;<em>Property Wire<\/em>&#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property sales up in the US and building sector confidence increases. Residential property sales in the United States edged upwards for the seventh month in a row in January, according to the latest RE\/MAX national housing report. It shows that real estate sales are now 3.4% above levels seen a year earlier in the 53 &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/property-sales-up-in-the-us\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-2253","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property sales up in the US - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Property sales up in the US &amp; building sector confidence increases. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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