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buy real estate: Sale Increase 4 Straight Months! - 08/24/09 01:28 PM
Existing home sales rose a whopping 7.2% in July to 5.24 million units. In June, there were 4.89 million units sold. This increase was the largest month-to-month gain in over 2 years! The percentage increase was the largest since 1999. This also marks 4 straight months that we have seen sales increases. Lawrence Yun, NAR chief economist, said, "The housing market has decisively turned for the better. A combination of first-time buyers taking advantage of the housing stimulus tax credit and greatly improved affordability conditions are contributing to higher sales." Remember that the $8000 stimulus tax credit runs through November so … (0 comments)

buy real estate: National Real Estate Sales Increase Overall - 05/28/09 04:22 PM
The National Association of Realtors just announced that home sales rose a respectable 2.9% in the month of April from March. The increase can be attributed to the increased volume of sales in the "lower-end" market. I touched upon this in my last BLOG posting. The market for the "high-end" properties has been particularly slow. With the continued tightening of mortgage qualification standards, it is getting difficult to obtain "jumbo loans." Jumbo loans are defined as those mortgages above $730,000. These loans accounted for over 17% of the mortgage market in 2007. Now they account for only 5%. Another contributing factor … (0 comments)

 

Gate Arty - Lakeland Florida Real Estate

Lakeland, FL

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Gate Arty & the Group - Keller Williams Realty

Address: 218 East Pine Street, Lakeland, FL, 33801

Office Phone: (863) 680-9988

Cell Phone: (863) 529-3222

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