From CNBC.com: New U.S. single-family home sales increased more than expected in March and the supply of new houses on the market hit their lowest level since August 1967, but prices fell from a year ago. The Commerce Department said on Monday sales rose 11.1 percent to a seasonally adjusted 300,000 unit annual rate, after Read More…

By: Associated Press, CNBC.com. Consumer’s spending rose in February at the fastest pace in four months, but a big part of the increase went to cover higher gas prices. The Commerce Department said Monday that consumer spending jumped 0.7 percent in February. Personal incomes rose 0.3 percent. That was after a 1.2 percent January income Read More…

By: Reuters, CNBC.com Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said Monday, pointing to a modest pick-up in home sales. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in February, increased 2.1 percent to 90.8. Economists had expected the index, which Read More…

By: Jason Gewirtz, CNBC.com In another sign the American economy is on the comeback trail, a new survey from KPMG shows optimism is improving among U.S. manufacturing and service industry executives. Executives in both key sectors say the worst is behind us. The survey shows 68 percent of manufacturing executives believe business activity will be Read More…

The bank-priced and heavily discounted properties we are currently offering represent a tremendous opportunity for buyers to take advantage of today’s real estate market. With lenders becoming more restrictive and interest rates on the rise, customers have been regularly asking us for alternative avenues to finance their land purchases. One of these avenues is through Read More…