You Are in the Know! Home Sales are Steady Gig Harbor!
Here is some information that is going to show that it’s not just the Real Estate Professionals who are saying that the Housing Marketis improving. There are National and Local people and organizations that are also saying,
“Now is the time to Buy a Home!”
According to NAR (National Association of Realtors®)existing home sales report, 12,575homes sell every single day in this country. About another 12,000will sell today. And on average another 12,000will sell tomorrow. If you were also wondering who was getting a mortgage, last month 8,300people did! For all the nay-Sayers out there who think we haven’t hit bottom yet or that no one can get a mortgage the numbers from NAR speak for themselves.
Here you can see Pending Home Salesare starting to look a little like a wave. Now I know it ticked down a little bit compared to the previous month. If you look at February this year versus February last year you can see that we’re coming into a market much stronger. We’re coming into spring selling season much stronger than we have in the past. If you go all the way to the left of the chart, very obviously, that’s the Home Buyer Tax Credit. After that was over you see we lost a lot of momentum. Now you can see a slow wave in the right direction.
The stock marketis doing much better my friends. I’m glad the stock marketis doing better because that means that people have more money. If people have more money, then they feel more confident. If they feel more confident, then they’re ready to buy a home. Even if you look from January 2000 to April first this year we can see that Real Estate, even though we’re bouncing around the bottom now, still has outperformed any one of the three; the Dow, the S&P, or the NASDAQ, over the last eleven years.
It’s time to get off that fence!
IF YOU WOULD LIKE TO DISCUSS WHY THIS IS THE PERFECT TIME TO BUY A HOME CONTACT ME TODAY!
STACIA WHATLEY
253.426.8785
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