Author Archive for bob Archive Page 2
Existing-Home Sales Down in January but Higher than a Year Ago; Prices Steady
0 Comments Published by Bob Wert March 1st, 2010 in Advice.Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors®.
Existing-home sales - including single-family, townhomes, condominiums and co-ops - dropped 7.2 percent to a seasonally adjusted annual rate1 of 5.05 million units in January from a revised 5.44 million in December, but remain 11.5 percent above the 4.53 […]
In preparing an offer to purchase a house, you should already know the seller’s asking price. But deciding on what price to offer and how to come up with a fair offer is next?
Deciding on an offering price:
Find recent sales of similar properties to come up with an offering price range. Then analyze additional information […]
No Meaningful Recovery in Commercial Real Estate Before 2011
0 Comments Published by Bob Wert February 24th, 2010 in Advice.Although the economy has been growing lately, fallout from the recent recession continued to negatively impact commercial real estate sectors in the fourth quarter, but there is hope for some improvement next year, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said commercial real estate almost always lags the economy. “Because of […]
Realtors® Strive to Reduce Stress in Short Sale Transactions
0 Comments Published by Bob Wert February 22nd, 2010 in Advice.According to the most recent Realtors® Confidence Index, buyers continue to be discouraged with the extended short sale process, resulting in foreclosures that could have been prevented. New resources from the National Association of Realtors® aim to help Realtors® and consumers successfully navigate the short sale process to help more homeowners avoid foreclosure.
“Our members report […]
Fourth Quarter Existing-Home Sales Surge in Most States, Prices Up in More Areas
0 Comments Published by Bob Wert February 19th, 2010 in Advice.Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the National Association of Realtors ® .
Sales increased from the third quarter in 48 states and the District of Columbia; 32 […]
