Existing home sales soar in April
May 24th
Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday.
Local home sales rise again in April
May 6th
For the three-month period ending April 30, Southern Oregon Multiple Listing Service reported 433 single-family residences exchanged hands, compared to 371 for the same period in 2009, a 16.7 percent increase.
New home sales rise at fastest rate in 47 years!
Apr 23rd
New home sales improved in March at the fastest single-month rate in 47 years, according to a government report released Friday, as buyers snatched up properties ahead of the tax credit that’s set to expire..
Existing-Home Sales Jump
Apr 22nd
Existing-home sales rose in March as the percentage of first-time home buyers continued to climb ahead of the expiration of a government tax credit program.
Pending Home Sales Rise
Apr 5th
Americans rushed to sign contracts for previously owned homes in February, signaling a fat tax credit might revive the housing market this spring. Despite snowstorms and joblessness, the National Association of Realtors’ index for pending sales of used homes rose by 8.2% to 97.6, the industry group said Monday.
A Bold U.S. Plan to Help Struggling Homeowners
Mar 28th
The new measures, announced by financial policy makers at the White House on Friday, are among the boldest to date. They are aimed not only at the seven million households that are behind on their mortgages but, in a significant expansion of aid that proved immediately controversial, the 11 million that simply owe more on their homes than they are worth.
Housing Rises to Highest Level in Seven Months
Feb 17th
Housing starts have now risen 21.1% in the past year, the largest year-over-year increase since April 2004. Building permits are up 16.9% in the past year, the largest year-over-year gain since May 2004.
Home Sales 27% Higher Than Last Year
Feb 14th
Bolstered by low interest rates and a first-time home buyers tax credit, existing-home sales rocketed 27.2% from the fourth quarter of 2008 to a seasonally adjusted annual rate of 6.03 million, the National Association of Realtors reported Thursday.
Buyer’s Market Could be Ending Soon
Jan 28th
Low interest rates, a federal tax credit for first-time home buyers and declining prices contributed to a 35.4 percent gain in activity last year. But two of the components driving the market — interest rates and tax credits — are likely to be gone by summer house-buying season.
Ten Important Questions for a Home Inspector
Jan 22nd
1. What does your inspection cover?
The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. You should be able to request and see a copy of these items ahead of time and ask any questions you may have. If there are any areas you want to make sure are inspected, be sure to identify them upfront.
