Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-loo...
Home sales increased 12% in July 2009 in California compared with the same period a year ago, while the median price of an existing home declined 19.6%, the California Association of Realtors® recently reported.
“The federal tax credit for ...
Although there hasn’t been much hype surrounding these credits and deductions-all increased or expanded by federal stimulus bills passed this year and last year-retailers say sales of new, energy-efficient products are beating expectations in...
With the first-time home buyer’s tax credit in full effect, younger buyers are taking the opportunity to enter the real estate market.
Agents are finding that they must consider the first-time home buyers’ unique needs and adapt to this ne...
To help create jobs and set the stage for a strong recovery, the National Association of Home Builders (NAHB) called on Congress to extend and enhance the $8,000 first-time home buyer tax credit due to expire on December 1.
Specifically, NAHB ...
Real estate agents in the US are reporting another increase in residential property sales, the third monthly rise in a row, giving rise to further talk of a recovery in the beleaguered property market.
The latest figures from the National Asso...
Did you know that nearly 1 in 4 homes currently for sale have had their price cut at least once – for a shocking total of $27.4 billion off the original list prices (that’s more than the GDP of El Salvador)! So what does that mean for today...
Press Release July 1, 2009 from the Federal Housing Finance Agency:
FHFA Authorizes FANNIE MAE and FREDDIE MAC To expand HARP, (Home Affordable Refinance Program), to 125 PERCENT LOAN-TO-VALUE. Read the full press release here:http://www.fhfa....
Spent the last several days making follow-up calls to prospective buyers; whether they’re from New Jersey, Calgary or Berlin they’re singing a similar tune – “We’re watching the market and waiting,” The message I’m taking to my bu...
