RSS Facebook Twitter LinkedIn

Featured Advisor

Kim Butler

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX

I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

Click to see the full profile

Share |

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.