I just read some good news on one of the Real Estate Blogs I like to read (The KCM Blog). After analyzing NAR’s (National Association of Realtors) November Existing Home Sales Report, the KCM Crew drew this conclusion (which is also the title of their blog today): “People are buying homes AND GETTING MORTGAGES.” They support that statement with numbers from the report saying: “12,109 homes (are) selling in the United States EACH and EVERY DAY! That means approximately 12,000 houses sold yesterday, approximately 12,000 will sell today and approximately 12,000 will sell tomorrow.” They go on to conclude that according to the percentages, 8,000 of the daily home sales are accompanied by a mortgage.
For us in the Dallas/Ft. Worth Metroplex, NAR’s November Existing Home Sales Report reflected a pretty stable price of homes in November 2011 compared to November 2010 (+.3% rise). But the really great news is that 14.4% more homes sold in the Dallas/Ft. Worth area in November 2011 than November 2010. Those numbers are definitely moving in the right direction.
Sandy Setliff is a Realtor with JP and Associates Realtors. She specializes in residential real estate sales in McKinney, Allen, Frisco, Anna and Melissa, Texas. She can be reached at 214 620 1615, via email at firstname.lastname@example.org or visit her website at www.sandysetliffhomes.com.
Author:Sandy Setliff Phone: 214-620-1615 Dated: January 11th 2012 Views: 3,868 About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in N...
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