Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines.Continue Reading

Disney (DIS) Tokyo, Japan – December 14, 2012: Minnie Mouse in the red coat waving her hand in daytime Parade at Tokyo-Disneyland, Tokyo, Japan. Shares of media giant Disney rose in after hours following the announcement of Mark Parker as chairman of the board. Parker has been executive chairman ofContinue Reading

A Coldwell Banker “Under Contract” sign stands outside a property in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predictedContinue Reading