If the government carries through with its plans, major support for the housing industry could end by April, leaving the sector to fend for itself. That could happen because of two critical decisions: The Federal Reserve plans to stop buying mortgages by the end of March, and the tax credit for home purchases will end with contracts signed by April 30 (buyers have until June 30 to complete their purchases). Continue reading What If the Goverment Cuts Its Lifeline for Housing? What If the Goverment Cuts Its Lifeline for Housing? originally appeared on DailyFinance on Mon, 25 Jan 2010 11:00:00. Filed Under: Economy , Investing , Real Estate Permalink | Tweet this! | Comments

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Software-maker VMWare ( VMW ) will report its earnings for the fourth quarter of 2009 on Monday after the market closes. Analysts expect VMWare to report earnings of $0.26 cents a share for the quarter. Over the last five quarters, it has beaten expectations four times, by an average of 41% — although it has been doing so by slimmer margins in the most recent quarters. (The one time it failed to beat expectations, it matched them.) Continue reading Outlook Is Promising for VMWare Earnings Report Outlook Is Promising for VMWare Earnings Report originally appeared on DailyFinance on Mon, 25 Jan 2010 11:18:00. Filed Under: Company News , Technology , Earnings Permalink | Tweet this! | Comments

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The nearly year-long, positive trend in the U.S. housing sector ended 2009 on a sour note, as existing home sales plunged 16.7% in December to a 5.45 million-unit annualized rate, the National Association of Realtors announced Monday. Sales fell as the federal government’s original tax credit program expired. December’s existing sales tumble was the largest one-month drop since the NAR started keeping records for this statistic. Continue reading Existing Home Sales Plunged 16.7% in December Existing Home Sales Plunged 16.7% in December originally appeared on DailyFinance on Mon, 25 Jan 2010 11:25:00. Filed Under: Economy , Real Estate Permalink | Tweet this! | Comments

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Existing Home Sales Plunged 16.7% in December

Filed under: Economy The nearly year-long positive trend in the U.S. housing sector is continuing. Existing home sales surged 10.1% in October to a seasonally adjusted annual rate of 6.1 million units, the National Association of Realtors announced Monday. That’s the highest level for existing home sales in more than two years. The consensus of economists surveyed by Bloomberg News had been for October existing home sales to come in at a 5.7 million unit annualized rate. The annualized existing sales number for September was revised to a 5.54 million units, and for August to 5.1 million units. Existing home sales are also up 23.5% in the past 12 months. Continue reading Existing home sales jump 10.1% in October Existing home sales jump 10.1% in October originally appeared on DailyFinance on Mon, 23 Nov 2009 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Economy , Investing The positive trend in the U.S. housing sector continues, with sales rising along with summer’s temperatures. Bolstered by low-priced home and foreclosure sales, U.S. existing home sales rose 7.2 percent in July to a seasonally-adjusted annual rate to 5.24 million units, the National Association of Realtors announced Friday . That’s the highest level for existing home sales since August 2007, roughly one quarter before the U.S. recession started in December 2007. Economists surveyed by Bloomberg News had expected July existing home sales to total a 5.0-million-unit annualized rate. Sales had totaled a 4.89-million-unit annual pace in June, and a 4.77-million-unit annual pace in May. Existing home sales are also up five percent in the past year. Continue reading Existing home sales rise for fourth straight month Existing home sales rise for fourth straight month originally appeared on DailyFinance on Fri, 21 Aug 2009 11:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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