market report: The News Media is starting to See the Housing Recovery/Rebound!!! - 09/01/08 07:32 PM
Over the last few days, I've been Pointing out the GOOD news in the Real Estate Market. The media is starting to recognize the recovery/rebound!!
There is a lot of GOOD news out there to be found!
Here are some examples:
Existing-homes sales rise, inventory swells Reuters August 25th, 2008 Home Prices Still Falling, but the Pace Is Slowing New York Times, August 27th, 2008 US housing sales increase in July BBC News, August 25th, 2008 US government 'bazooka' may save Fannie, Freddie AFP, August 30th, 2008 Existing Home Sales Increased 3.1 Percent in July Bloomberg.com, August 25th, 2008 US house figures in surprise rise BBC … (5 comments)
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market report: Consumer Confidence Improves for the 2nd Month in a Row - 08/30/08 02:23 AM
On August 26th, the Conference Board Consumer Confidence Index had improved moderately in July. It made further gains in August.
This is one more sign that the housing market is rebounding. People spend more as confidence goes up. Consumer confidence is not as good as it was in December, but a rebound starts at the bottom...
2 months in a row the numbers have increased. We'll just have to wait until September 30th to see if this trend will continue. I believe it will. The optimism that comes with election time will spur on the market and a new President always … (3 comments)
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market report: 30 States had Positive Changes in House Prices over the last year! - 08/28/08 03:44 AM
More good news for the real estate industry!!
According to the Office of Federal Housing Oversight's Housing Price Index for the 2nd Quarter of 2008 released August 26th, 30 of the 50 States had positive changes in house prices from June 2007 through June 2008, including our very own Washington State!
Only 4 States (Arizona, Florida, Nevada, and California) experienced overall price declines of more than 5 percent.
The 20 ranked cities in the United States with the worst price declines over the last 4 quarters were ALL in Florida, California, and Nevada.
I really do sympathize with the people of these four fine … (53 comments)
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market report: The press is catching on.... The market has hit bottom! - 08/27/08 04:18 PM
I just watched the video below reported by Conway Gittens of the Reuters news agency. The real estate market nationwide had a nice rebound in July, offering hope that the worst is over!Consumer confidence showed a sharp rebound as well...Enjoy the video!
I've been experiencing a solid resurgence of business since President Bush signed the Housing Bill at the end of July. The inventory of homes priced under $300,000 in Mount Vernon, Burlington & Sedro Woolley is down to a 4 month supply of homes, suggesting a Seller's Market... Thats right, I said a Seller's Market.Believe it.... It is coming.
… (4 comments)
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market report: Good News for Existing Home Sales Nationwide!! - 08/25/08 11:25 AM
In an article released today, the National Association of Realtors (NAR) announced that existing-home sales rose in July to the highest level in 5 months!!
In the article, NAR's chief economist Lawrence Yun states that home prices in some regions could soon increase!
How does this relate to our little corner of the world in Skagit County??
I looked at the market activity. There are all the signs of a healthy market...
In the towns of Mount Vernon, Burlington, & Sedro Woolley, there are 773 Active residential homes on the market. There are 126 with Pending/Contingent Sales. This number shows … (0 comments)
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market report: Skagit County Market Report.... March 2008 - 03/27/08 11:00 AM
The Skagit County Real Estate market is one of the best markets in the Nation! According to the Office of Federal Housing Enterprise Oversight (OFHEO) Their report, released February 26, 2008 says that the Mount Vernon-Anacortes, WA Metrpolitan Statistical Area ranked 39th in the Nation of the 291 areas measured for percent change in house prices. - Our market is better than 86% of the Nation. Washington was the 6th best State in the same report. Click here to read it for yourself.
If you're interested in either Buying or Selling a house or property in Mount Vernon, Burlington, Sedro … (0 comments)
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market report: Skagit County Real Estate Market Report by Federal Housing Enterprise Oversight - 01/27/08 11:10 AM
The Skagit County Real Estate market is one of the best markets in the Nation! According to the Office of Federal Housing Enterprise Oversight (OFHEO) Their report, released November 29, 2007 says that the Mount Vernon-Anacortes, WA Metrpolitan Statistical Area ranked 30th in the Nation of the 287 areas measured for percent change in house prices. - Our market is better than 89% of the Nation. Washington was the 5th best State in the same report. Click here to read it for yourself.
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