Housing News March 23, 2009

By
Real Estate Agent with The Fischetti Group/Keller Williams

It looks like the markets are smiling:

 

Looks like the housing sales numbers are going:

 

 Which is good news, but the increase in sales is most likely a result of the further collaspe of home values.

 

So as more sellers reduce their prices, buyers are taking advantage of the discounts in price and mortgage rates.

 

Overall, it is still an improvement:

 

 

So whatever your real estate needs

 

CALL Jim Fischetti

www.jimfischetti.com

919.554.9802

Thank you!

Comments (7)

Deanna Casalino
Remax Realty Group - Estero, FL
Fort Myers Florida Homes,

Great news and Wall Street is smiling today too. Hopefully this is a step in a more positive direction.

Mar 23, 2009 08:16 AM
Rick Huffman
Mortgage Banker - Kent, WA

Jim, you are right. I'm starting to see more purchase business, but it is coming from distressed sellers or banks. I'm getting more people calling to do an application. Better times ahead this summer.

Mar 23, 2009 08:18 AM
Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Jim~ I am excited because I am getting much busier that I have been.  We are definitely going in the right direction!

Mar 23, 2009 08:23 AM
Jim Fischetti
The Fischetti Group/Keller Williams - Wake Forest, NC

Deanna,

 

Thanks I hope so too!

Mar 23, 2009 08:27 AM
Irena (Esphir) Popilevsky
RealEstateSINY.com - Staten Island, NY
NYS Licensed Broker/Owner . Short Sale Specialist

Yes, we need some action. All of us in the economy and for us hard working Realtors.

Mar 23, 2009 08:55 AM
Michael Martell
RE/MAX, Intergity Realtors - Peoria, AZ

The market here in AZ is already experiencing the over list price on the hot properties and multiple contracts in just a couple days.

Mar 23, 2009 08:58 AM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"

That's the truth..I was looking at the stats for our county....sales are up by 33%, listing prices are down by 23%... so there you have it..

Mar 23, 2009 12:41 PM

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