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association of realtors: Pending Home Sales Up 9.2 Percent From 2011 - 03/26/12 09:14 PM
According to the National Association of Realtors’ Pending Home Sales Index, contract signings were relatively flat in February, down 0.5 percent from January. But despite a slow month, pending home sales were 9.2 percent above February 2011. Lawrence Yun, NAR’s chief economist, said the spring home buying season looks bright due to elevated contract offers so far this year. According to Yun, if the level of current activity is sustained throughout the year, existing-home sales would reach their highest level in nearly five years. Regionally, the Midwest spiked 6.5 percent and is up nearly 20 percent over last year, though all … (0 comments)

association of realtors: Improvement Forecast for Housing Market in 2012 - 11/14/11 10:25 PM
 
 
According to Lawrence Yun, chief economist for the National Association of Realtors, the best affordability conditions since 1970 combined with a significant level of pent-up demand will lead to an improvement in home sales and the overall housing market in 2012. Yun believes existing-home sales will rise nearly five percent next year and new-home sales, which have been hurt by excess inventory of previously owned homes, will increase 23 percent. Increasing sales and falling inventory should positively effect home prices, which Yun believes will rise in 2012. Yun said home prices have shown a definitive stabilization pattern in most … (0 comments)

 
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Jan Delimont, Principal Broker

Coos Bay, OR

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Prudential Seaboard Properties

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Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon

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