NAR's forward-looking Pending Home Sales Index for December 2010 posted a 2 percent gain, the fifth gain in the last six months, Chief Economist Lawrence Yun says in his January 27,2011,release of the data
Pending Home Sales Show-End-of-Year Gain
Thursday, February 10, 2011
Show-End-of-Year Gain
NAR's forward-looking Pending Home Sales Index for December 2010 posted a 2 percent gain, the fifth gain in the last six months, Chief Economist Lawrence Yun says in his January 27,2011,release of the data
Pending Home Sales Show-End-of-Year Gain
Sunday, February 6, 2011
All 2010 remaining inventory homes will be Reduced $1,000 Per Week Until SOLD!
That's right, they are serious about selling. They over built at the end of 2010 and now it is time to make way for the new plans. Call us "Today"Qualifying Homes:
1. Madisyn Cove #6 (West Valley)
2. Southridge #171 (West Valley)
3. Foxboro #429 (North Salt Lake)
4. Bellon Farms #17 (Lehi)
5. East Mountain #11 (Provo)
Friday, February 4, 2011
Real estate sales rebound in 2011, prices nearly flatIn its latest real estate and economic forecast, the National Association of Realtors anticipates
In its latest real estate and economic forecast, the National Association of Realtors anticipates that sales of existing homes, after falling 4.8 percent in 2010, will rise 7.9 percent this year, to 5.3 million, and another 4.5 percent in 2012, to 5.53 million.
The median price of existing homes, meanwhile, rose 0.3 percent in 2010 after a 12.9 percent drop in 2009, and is expected to rise 0.5 percent this year, to $173,800, and another 2.4 percent in 2012, to $177,900.
Sales of new single-family homes are expected to rebound faster, rising 17.7 percent this year, to 374,000 sales, after a 15.5 percent drop in 2010, and then rising 51.1 percent in 2012, to 565,000 sales. In an earlier forecast, released last month, NAR anticipated that sales of new single-family homes would climb 20.8 percent in 2011 and 30.9 percent in 2012.
The new-home median price rose 2.2 percent in 2010 and is expected to climb 1.8 percent this year, to $224,700, and 1.9 percent in 2012, to $229,000.
NAR expects that 30-year-fixed mortgage rates will average 5.1 percent this year, up from 4.7 percent in 2010, and rise to 5.9 percent in 2012
Sales Uptrend Resumes
Exiting-homes sales headed back up in November and prices were stable. NAR Chief Economist Lawrence Yun says in his Dec 22, 2010 press conference
http://link.brightcove.com/services/player/bcpid1785312249?bclid=1740033302&bctid=722399223001
Wednesday, February 2, 2011
Home - Groundhog Day - Groundhog Day
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