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pending home sales: Sellers, Are You Ready For Some...wait for it.............GOOD NEWS????!!!! - 08/26/09 08:22 AM
First, let me be clear...everything is relative in this market.
Good news isn't exactly what it used to be, but considering the L O N G, steady decline in home prices over the last 3 years, any mention of news about an increase in home prices is music to the ears of most homeowners/sellers.
Again, it's important to note that home prices are still in decline when compared to last year, but the S&P/Case-Shiller Home Price Indices (the leading measure of home prices in the United States), actually reported that the U.S. National Home Price Index improved in the second quarter of 2009.
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pending home sales: Just how is the market this summer? - 08/07/09 12:18 PM
People ask me all the time...How's the market? Are people buying? Can someone actually sell their home in this market?
First, my 2 cents worth...There have definitely been some encouraging signs of late and this summer has been a busy time, but we're still a long ways from a "healthy market." Are we "at the bottom?" That is the million dollar question. Many economists and prognosticators have boldly claimed that the worst is behind us and real estate is "on the way back up." My personal opinion - no. I think we're certainly at or near the bottom, but I believe … (0 comments)
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pending home sales: Pending Sales up 6.3% in April 2008 - 06/19/08 01:06 PM
The National Association of Realtors has announced that pending home sales rose 6.3% nationally in April, according to the Pending Home Sales Index. Pending home sales reached it's highest level in over 8 months.
For more information on the rising home sales, view the entire document below.
http://www.realtor.org/RMODaily.nsf/pages/News2008060901?OpenDocument
I believe some of the reason for the improving numbers is seasonal. Many people want to close on their new home in the summer months...after school is out...and be moved-in by fall in order to allow their kids to start at their (potentially) new school on-time. Therefore, they do their searching in the … (0 comments)
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Mike Kinlaw
Jefferson,
GA
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Prudential Georgia Realty
Office Phone: (678) 858-2439
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