reits: The Real Estate Market Changes - Week by Week!
- 06/16/09 11:15 PM
Released June 2, 2009 Eagles,I keep saying our industry is changing week by week. Well here is more proof!!!Check out this article just posted on www.cnbc.com. It talks about how the REITs have raised over 10 BILLION DOLLARS over the past couple WEEKS - WEEKS, not months, not years - WEEKS - and they are moving in into the real estate market. Further example - the investor story I sent out earlier this morning.http://www.cnbc.com/id/30983054ALSO,Just released - Pending home sale SURGE!!! NAR just reported the biggest gain in this index in over 7 years - a 6.7% jump!Here is more on this (0 comments)
For years, I have worked hard to keep the Eagles of RE/MAX Regency updated on our LOCAL real estate market conditions. I watch closely what market conditions are doing in the Washington/Baltimore market area in order to keep our agents as productive as possible. In this blog, I will share many of the same information with you.