US home sales up across the country, hopeful sign

Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend.

Home resales rise, boding well for economy

WASHINGTON (Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, hopeful signs for the country's economic recovery. Home resales increased 3.4 percent to an annual rate of 4.62 million units last month, the National Association of Realtors said on Tuesday. Housing has been one of the economy's weakest links as it recovers from the 2007-09 recession, but many economists think the sector will actually add to economic growth in 2012 for the first time since 2005. ...

Hollywood loves sequels: MPAA to push SOPA follow-up in 2013

The first version was hardly a hit, but Hollywood is already planning a sequel to the Stop Online Piracy Act that it will push in 2013, reports claim. Comments made by Motion Picture Association of America chief executive Chris Dodd suggest that the MPAA will work to get a new anti-piracy billed passed next year, and it plans to take a more cunning approach. ”We’re going to have to be more subtle and consumer-oriented,” Dodd said of the new legislation that the MPAA will push, according to Variety. “We’re on the wrong track if we describe this as thievery.” Details surrounding the organization’s plans were not discussed, and Dodd noted that he will not be able to lobby his former U.S. Senate cohorts

US sales of previously occupied homes up in April

Americans bought more previously owned homes in April, a hopeful sign that the weak housing market is gradually improving.