Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Foreclosure > What is home sales?

What is home sales?

In: Foreclosure [Edit categories]

Answer:

An economic indicator of both the number and prices of existing single-family homes, condos and co-op sales over a one-month period. The existing home sales report is released monthly by the U.S. National Association of Realtors. It is a lagging indicator as it tends to react after a change in mortgage rates.

First answer by Homesbylender. Last edit by Savemoney101. Contributor trust: 239 [recommend contributor ]. Question popularity: 1 [recommend question].

[report abuse]

Can you answer these Foreclosure questions?

	What happens to the person living in the house as a renter?	Answer it!
	Can you get a list of soon to be foreclosed homes and pay the past due balance and it become yours?	Answer it!
	Does home going into foreclosure need to be cleaned?	Answer it!
	What is a foreclosure sale deed?	Answer it!
	Is the house I'm living in foreclosed?	Answer it!

Relevant answers:

Is there a sales tax on home sales?
There isn't a Federal sales tax but the individual States and Cities have different ways of taxing the sale. For instance in NC there is a Transfer tax when you sell your home.
What happens after the auction sale of your home?
You move out.
How do you buy a home from a sheriff's sale?
Call the county where the property is located (or the county that you want to buy property at), and ask them for a list of properties that are foreclosed. Also ask them when the sale will take place....
Are there any Milkwaukee homes on sale?
"There are many homes available for sale in Milwaukee, WI. The best way to find a great deal is to contact a Realtor in the Milwaukee area. The National Association of Realtors is a good resource."
Can you refinance a home listed for sale?
Some lenders do have programs that allow for a customer to perform a refinance if the house is on the market. You just need to call your local lender to see if they can help you. Another option,...