Good News in the Housing Market

Good News! New home sales were up 14.8% in April, and 50% higher from April the previous year. New jobs are being created, which is also expected to raise demand for housing.

Some economists remain a bit skeptical, citing the high volume of homes currently on the market as a hindrance to recovery. However, the House recently passed an extension in the federal homebuyer's tax credit, which could stimulate demand if it is passed by the Senate. Interest rates are still at record-low rates, which is another great incentive to buy real estate.

We have been seeing a higher level of activity this month, with plenty of settlements and new listings to keep us busy. However, we love to hear good news about the housing market, and look forward to an economic recovery!

Market Got You Down?

We don't have to be victims of the current economic crisis. Falling home prices and overall worries about the stability of the global economy have home buyers and sellers worried. However, now these tough economic times provide an example of why a Realtor is essential in any home transaction.

In your busy life, you don't have the time to keep up with current events in the community and home market. That's where a Realtor comes in handy. An experienced, knowledgable, and conscientous real estate professional can give you all the information you need. Realtors are service providers, and knowledge is their #1 value proposition. These tough economic times make information infinitely more valuable. With volatility in the home market, the help of an experienced professional, who actually understands what is going on, is priceless.

These are tough times for people all across the county (...unless you have a huge stake in Apple, Inc.). Don't let the home buying or home selling process stress you out!