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New home sales climbed in February. Foreclosures as a percentage of existing home sales dropped, falling 6.8 percentage points.
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New home sales rose in Denver, CO in January. Foreclosures as a percentage of existing home sales dropped, falling 9.6 percentage points.
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Much has been made of the death of the McMansion, but new trends are questioning whether that pronouncement was made too early.
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Eight cities and both composite indices hit new index lows during the month.
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New home sales remained level from a year ago in Denver, CO in December. Real Estate Owned (REO) sales as a percentage of existing home sales dropped, falling 7.7 percentage points.
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New home sales fell year-over-year in Denver, CO in November. Real Estate Owned (REO) sales as a percentage of existing home sales dropped, falling 10.0 percentage points.
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As foreclosures heat up again, prices in hard-hit cities such as Atlanta and Chicago are taking a hit.
Its formula of offering lease payments for unsold existing homes translated into 543 sales last year for its preferred builder network.
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New home sales rose from a year earlier in Denver, CO in October after sales decreased last month. Mortgage amounts on new homes dropped 14.4%.
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Among the new additions were several larger markets and 10 newly represented states.