The EDGE: Week of October 24, 2011
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FHFA Announces New Program to Help Underwater Homeowners, Two New Features Come to Tempo, Weekly HAR Market Stat and More
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The EDGE: Week of October 24, 2011
- 4. Weekly HAR Market Stat Another week brought yet another strong showing from buyers, who ramped up their purchase activity. Seller activity fell short of the same week last year. Balance is still the name of the game based on months supply, but tides are also shifting elsewhere such as with seller concessions. There could be a pattern emerging as sellers in many local areas are seeing more of their asking price. In the Houston region, for the week ending October 16: • New Listings decreased 10.6% to 1,577 • Pending Sales increased 30.6% to 1,088 • Closed Sales increased 1.9% to 759