1st time homebuyers: Home Sales Increasing 7 Months in a Row!
- 10/05/09 05:52 AM
Record Streak Continues for Pending Home Sales Print Article RISMEDIA, October 3, 2009-Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August 2009, rose 6.4% to 103.8 from a reading of 97.6 in July, and is 12.4% above August 2008 when it was 92.4. The index is at the highest level since March 2007 when it was 104.5. Lawrence Yun, NAR chief economist, said not all contracts are turning into … (0 comments)
1st time homebuyers: Housing Prices Decline, But Some Signs Are Positive
- 09/08/09 10:04 AM
RISMedia has published a report on housing prices. In it, there are signs we may have bottomed out, but the pressure is still on for Congress to take further action, including an extension of the First-Time Homebuyers' Tax Credit, currently set to expire on November 30th of this year. While much of the buyer activity over the past several months can be attributed to that credit, there remains such high unemployment that many economists feel an extension could do even more good by giving additional would-be homeowners the opportunity to buy as soon as they can land a job and get back … (0 comments)
1st time homebuyers: Come for the Golf, Stay for the Lifestyle
- 07/24/09 06:44 AM
I hope you had, or will have, the opportunity to read today's edition of USA Today. That paper has been taking a weekly look at the second home market, and today's article is about our town and area. The headline is a classic "Come for the Golf, Stay for the Lifestyle". Boy, I bet our Chamber of Commerce would love to own the rights to that one. Acknowledging my own bias, I think the writer, Larry Olmsted, did a great job of pointing out why this place is so attractive to people of all ages and interests. I'm quoting him now: … (0 comments)
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Allan Nanney
The Business Professional for Personal Real Estate
Record Streak Continues for Pending Home Sales
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