People ARE Buying Homes, Here in Bucks County and All Over the Country!

By
Real Estate Agent with Coldwell Banker Hearthside

Many folks believe that very few houses are selling, and that almost no one can get a mortgage. Along with Keeping Current Matters, I want to let everyone know that neither of these assumptions is true.

A few weeks ago, the National Association of Realtors (NAR) released their Existing Homes Sales Report. According to the report there are, on average, 12,109 homes selling in the United States EACH and EVERY DAY! That means that approximately 12,000 houses sold yesterday, approximately 12,000 will sell today and approximately 12,000 will sell tomorrow. So the thinking that homes aren’t selling just isn’t true.

Another interesting fact in the report was that 72% of these transactions were accompanied by a mortgage. That means that approximately 8,719 people qualify for a mortgage on a daily basis in this country.

There are over 12,000 homes sold and over 8,000 mortgages granted every day. The real estate market is doing better than many believe.

If you'd like more facts and figures, or information about buying or selling a home in Yardley, give me a call – I'd love to talk with you!

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Pennsylvania Bucks County Yardley
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Rainmaker
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Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

I agree with you.  People ask me all the time if mortgage money is available.  I tell them of course it is!

Feb 01, 2012 09:27 AM #1
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Rainmaker
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Martin Millner

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