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national association of realtors: 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)
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national association of realtors: Home Sales Rise in May 2009 - 06/23/09 01:06 PM
The National Association of Realtors announced that existing home sales rose to 4.77 million units in May 2009. This represents a rise of 2.4% over from April. This is promising because it's the second straight month that sales have risen, undoubtedly spurred by attractive mortgage interest rates. The NAR announced that this is the first month-on-month increase since August/September 2005. The total hosing inventory stood at 3.80 million units, which represents nearly a 9.6 month supply, down from 10.1 in April.
Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!
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national association of realtors: 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)
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national association of realtors: March 2009 Sales Figures are Mixed - 04/23/09 03:22 PM
The sales reports for March offered up a mixed bag . . . . some negative & a little positive.The National Association of Realtors announced that real estate sales fell 3 percent in March, to 4.57 million from 4.71 million in February. In an extraordinary turn of events that contradict the other numbers, the median sales price experienced a nice positive bump, increasing to $175,200 from $168,200 in February. Although this is an increase of 4%, it's still down over 12% from this time last year. Rather unusual that prices would rise at a time when the demand drops, huh? These … (0 comments)
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national association of realtors: February Home Sales - 03/23/09 01:08 PM
For the month of February, the National Association of Realtors said that existing home sales rose to 4.72 million units, up 5.1% from a rate of 4.49 million in January. Economists had expected existing home sales to decline to 4.45 million, so this is seen as great news indeed. The national median existing-home price is down 15.5% from last year, from $195,800 to $165,400. What a great time to BUY!
Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!
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national association of realtors: Keller WIlliams Realty Continues to Grow - 02/13/09 02:16 PM
In an economic climate frought with foreclosures, credit crunch, bail-outs, & other negative news, it is nice to see that a company is outpacing its competitors & doing well. Keller Williams Realty, continues to outperform the market, remains debt-free, & profit-sharing more than $30 million to it's agents.
For the first 11 months of 2008, existing home sales for the United States fell 17% when compared to the same period the year before. Keller Williams Realty, however, is poised to outdo those numbers by 10 percentage points, and in addition, the company experienced a much smaller contraction in its agent base … (1 comments)
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national association of realtors: October Sales - 11/24/08 12:59 PM
The National Association of Realtors announced that real estate sales for the month of October dropped 3.1% to 4.98 million. This was down form 5.14 million in September. The median sales priced dipped to $183,000. This was a decrease of 11.3% and the median figure has not been that low since March of 2004.
Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!
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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
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