Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally adjusted annual rate1 of 6.54 million units in November from 6.09 million in October, and are 44.1 percent higher than the 4.54 million-unit pace in November 2008. Current sales remain at the highest level since February 2007 when they hit 6.55 million.
http://www.realtor.org/press_room/news_releases/2009/12/another_respond
Wednesday, December 23, 2009
Tuesday, December 22, 2009
Nine Consecutive Gains for Pending Home Sales
http://www.realtor.org/press_room/news_releases/2009/12/nine_sales
Washington, December 01, 2009 Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®.The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in October, increased 3.7 percent to 114.1 from 110.0 in September, and is 31.8 percent above October 2008 when it was 86.6. The rise from a year ago is the biggest annual increase ever recorded for the index, which is at the highest level since March 2006 when it was 115.2.Lawrence Yun, NAR chief economist, said home sales are experiencing a pendulum swing. “Keep in mind that housing had been underperforming over most of the past year. Based on the demographics of our growing population, existing-home sales should be in the range of 5.5 million to 6.0 million annually, but we were well below the 5-million mark before the home buyer tax credit stimulus,” he said. “This means the tax credit is helping unleash a pent-up demand from a large pool of financially qualified renters, much more than borrowing sales from the future.
Washington, December 01, 2009 Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®.The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in October, increased 3.7 percent to 114.1 from 110.0 in September, and is 31.8 percent above October 2008 when it was 86.6. The rise from a year ago is the biggest annual increase ever recorded for the index, which is at the highest level since March 2006 when it was 115.2.Lawrence Yun, NAR chief economist, said home sales are experiencing a pendulum swing. “Keep in mind that housing had been underperforming over most of the past year. Based on the demographics of our growing population, existing-home sales should be in the range of 5.5 million to 6.0 million annually, but we were well below the 5-million mark before the home buyer tax credit stimulus,” he said. “This means the tax credit is helping unleash a pent-up demand from a large pool of financially qualified renters, much more than borrowing sales from the future.
Wednesday, November 11, 2009
Friday, November 6, 2009
Thursday, October 29, 2009
Thursday, October 15, 2009
New Price in Dakota Station: $219,900
Great home in DAKOTA STATION. Home includes a hot tub with a private hot tub room. Water Heater was replaced in 2008. Fireplace insert was installed in 2006. Close to Aspen Grove Shopping Center, Easy Light Rail access, convenient access to 470, and Chatfield Reservoir. As a n added incentive, this home comes with a Buyers Home Warranty.
http://www.postlets.com/res/2893466
http://www.postlets.com/res/2893466
Friday, October 2, 2009
HGTV is looking for first-time sellers!
High Noon Entertainment and HGTV are back together again, casting for the first season of a new show in the Denver/Metro area!!! "My First Sale" showcases homeowners who are selling their first place (and their agents). The format is very similar to our hit show, "My First Place" but this time we want to show the inherent drama and selling strategies being used in the current real estate market in the Denver area. The selected first-time sellers will be rewarded with a compensation check at the end of taping to thank them for being on the show. Don't hesitate to call or email me with any questions or concerns you may have.
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