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tax credit: 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)

tax credit: Momentum for Home Sales - 08/04/09 04:27 PM
The Natiional Association of Realtors has reported that the pending home sales index rose again for the fifth consecutive month. It rose 3.6% (94.6 from 91.3) in June from May. The pending home sales index tracks signed home purchase contracts and is considered a leading indicator of activity. What is driving this upward momentum? Simply put, distress sales (like short-sales) & foreclosures continue to drive real estate prices downward to levels where buyers can no longer ignore the values. Most people consider this a "once in a lifetime" buyer's market. Let's look at some of the positives: record low interest rates, … (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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