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Featured Advisor



Asset Preservation Advisors




City:Atlanta

State: GA



BIOGRAPHY:
APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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New Home Sales Rose in April

Sales of new homes rose in April

Sales of new single-family homes rose 7.3 percent to 323,000 in April, exceeding expectations the market would remain flat, the U.S. Census Bureau reported today.

Low interest rates, discounted prices and an improving job market are driving the increase, but sales remain more than 23 percent below the 420,000 new homes sold in April 2010.

The median sales price of new houses sold in April 2011 was $217,900.