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Home Sales to Increase 15% in 2010
Earlier today NAR Chief Economist Lawrence Yun announced home sales will increase 15% to about 5.7 million units and Realtor income will be up 20% in 2010. Yun credited the first-time home buyer tax credit for bringing up to 400,000 first- time buyers Read More...
1 in 20 Americans Plan to Buy in the Next Year
According to a recent survey conducted by www.move.com , one in twenty Americans plan to buy in the next year. The survey indicates the potential buyers are likely to be 34 years old or younger and living in the south or west. The number one reason potential Read More...
Tax Credit has been Extended and Expanded
Earlier today President Obama signed legislation to extend and expand the homebuyer tax credit. The tax credit has been extended to April 30, 2010 and expanded to current homeowners who have lived in their home for five of the past eight years. The amount Read More...
Existing and New Home Sales to Rise in 2010
Chief Economist Jay Brinkman with the Mortgage Bankers Association has predicted sales of existing homes will rise 11% in 2010 and sales of new homes will climb 21% over 2009. According to Brinkman, "We still see a concentration in the lower end Read More...
Sept '09 Best Month for Home Sales in Over Two Years
According to a report released this morning by the National Association of Realtors (NAR), existing home sales were up 9.4% for the month of September 2009. This was the best month for home sales for over two years. The report shows that existing home Read More...
The Importance of Visually Marketing Your Property
Today's homebuyers and sellers are more tech savvy than ever. According to the National Association of Realtors (NAR), 84% of prospective homebuyers and sellers are using the web to view properties online and 29% of recent buyers found the home they Read More...