Monday, January 11, 2010

Data continues to show slow steps toward a housing recovery.

Did you know?

There is a federal program that could provide a rebate for purchasing energy-saving appliances?

Existing home sales surged a whopping 44 percent from a year ago, the highest annual gain since NAR started tracking the data in 1999.

The number of first-time home buyers is now at its highest level on record dating back to 1981? In November, they accounted for 51 percent of all home sales.

The supply of home sales and continuing shrinkage in inventory has helped stabalize home prices. November recorded the smallest year-over-year decline in home prices.

The governmnet has called on banks to increase lending, particularly for small business.

Feel free to contact me if you would like to discuss the impacts these economic factors will have on the real estate market over the course of the next year.

David J Edwards

Real Estate Agent & REALTOR
Edwards Real Estate Group
Keller Williams Realty Southeast Sound
Phone: 425-636-0296
Fax: 425-902-1899
E-Mail: David@EdwardsRealEstateGroup.com
Website: http://www.EdwardsRealEstateGroup.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT

The Edwards Real Estate Group specializes in Residential Real Estate for buyers and sellers.

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