Pending Sales Rise as Housing Prices Drop
The National Association of Realtors Pending Home Sales Index, based on contracts signed in April, increased 6.3% to 88.2 from a reading of 83.0 in March. However, the index was 13.1% lower than a year ago. "Bargain hunters have entered the market en masse, especially in areas that have seen double-digit price declines," said the NAR's chief economist, Lawrence Yun. Regions of the country that have seen sharp price declines, such as the West, are now seeing sales activity, he added. Some analysts say the increase in pending home sales could signal that the housing market will stabilize in the next half year. But, for now, prices will continue to drop due to the glut of unsold homes in various markets, analysts say.
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Factoring, Credit and
Economy News
Date Last Updated: 06/13/2008 |
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Charter Capital services many industries. Here are just a few of the industries
we are currently financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get cash
with Freight Bill Factoring from Charter Capital. We purchase your freight bills
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing company with unlimited payroll funding ,
whether you're a start up or a multi-million dollar
temp-staffing agency. Our
clients provide staffing for various industries including Professional, Office
Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared
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Manufacturing
If your business is a manufacturing plant, distributor,
packaging company, or
any business that invoices to credit worthy customers, then a FactorLine from
Charter Capital can accommodate the working capital funding needs of both new
manufacturing companies as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology
consulting and staffing firms are great candidates for our FactorLine accounts receivable
funding service, enabling you to increase your cash flow without the need
for bank loans. We are always adding new industries and will consider factoring
service providers in any industry.
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