Contracts to Buy Homes at 6 year high

By Christopher S. RugaberAssociated PressThu Jun 27, 2013  9:12 AM

WASHINGTON — The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will rise in the months ahead.

The National Association of Realtors said Thursday that its seasonally adjusted index for pending home sales rose 6.7 percent to 112.3 last month. That’s the highest level since December 2006. Signed contracts have risen 12.1 percent in the past 12 months.

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U.S. home re-sales surpass 5 million in May

Associated PressThu Jun 20, 2013 11:28 AM

WASHINGTON — U.S. sales of previously occupied homes surpassed the 5 million mark in May, the first time that’s happened in 3 ½ years. The gain shows the housing recovery is strengthening.
The National Association of Realtors said Thursday that home re-sales rose 4.2 percent in May to a seasonally adjusted annual rate of 5.18 million. That’s up from April’s pace of 4.97 million.

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Rising home prices rescue underwater homeowners

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USA TODAY  I  Business  I  6/12/2013

Rising home prices, up 12.1% in April, have lifted 1.7 million home loan borrowers above water in the past year. If prices continue to rise, more borrowers will likely list homes for sale. Phoenix, which has led the home price recovery, in April, home prices were up 19.2%.

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Verrado Realty Team Helps Raise Funds for Memorial Day Tribute

After eight weeks of planning, reaching out to sponsors and collecting donations, everything came together this past Memorial Day for a special day of golf at Verrado’s Raven Golf Club in Buckeye, Ariz.

A total of 45 golfers, 15 Active Duty Military from Luke Air Force Base, 60 sponsoring members, and five corporate sponsors participated in the event which raised over $2,500 for the Wounded Warrior Project.

Tim McGinty, Verrado resident and Sales Associate at Verrado Realty, was inspired to organize the event in honor of men and women in the Armed Forces, and those who have sacrificed their lives for their country. Tim, along with friends and colleagues, worked together to invite airmen and women from Luke Air Force Base, reached out to Raven members to sponsor the military participants, and solicited funds from Verrado residents to benefit the Wounded Warrior Project. Tim also recruited his fellow agents at Verrado Realty to donate gift bags and volunteer at the event.

The event was a huge success and was well received by all who participated. The community plans to hold the golf event again next Memorial Day 2014.

We applaud Tim for organizing this great event and are proud to support all of our team member’s efforts to give back to their community.