Good News, Tempered By Greece and Oil
Both existing-home sales and pending sales have continued to increase. Home prices also continue to stabilize. The U.S. economy as well is posting positive figures. There was even good news in the jobs market. But in his commentary this month, NAR Chief Economist Lawrence Yun tells us that while improving conditions may help give a boost to consumer confidence, we need to watch out for the fall-out from the Greek crisis as well as the looming and possibly lingering impacts of the Gulf of Mexico oil disaster.
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First-Quarter 2010 Metro Area Home Prices and State Resales
 The latest figures on metropolitan area home prices have been released by NAR and they show that a growing number of metropolitan areas experienced price gains from a year ago. At the same time, most states posted healthy gains in home sales from the first quarter of 2009. Wannasiri Chompoopet, Manager of Existing-Home Sales, reports.
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