Scott Gordon, Scott Gordon Realty, Exclusive Estates

Real Estate Blog

Wednesday, June 10, 2009
Tags:   palm beach real estate, Palm Beach Home Sales, home sales rising

According to the National Association of Realtors pending homes sales continue to rise as buyers take advantage of affordable interest rates and low home prices.

Lawrence Yun, NAR chief economist said, “what we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up in California, Nevada, Arizona, Florida, Rhode Island and the Washington D.C. region.”

The economic situation currently puts many buyers in a great advantage, said NAR President Charles McMillan also a Dallas-Ft. Worth Broker. “The drop in mortgage rates and home prices mean the buying power of a typical family has never been better” he said.

“If you have a good job and long term plans, it’s unlikely that you’ll find a much better time to buy a home. This is especially true for first-time buyers who can qualify for an $8,000 tax credit this year, have a great selection of homes to choose from and are in favorable negotiating position.”

 To learn more about how you can take advantage of the current low interest rates and the high volume of quality homes available in our inventory call us today!

Scott Gordon Realty 561-533-5888
www.scottgordonrealty.com

 

Comments: 0
There are no comments for this post.
Post a comment below
LEAVE A COMMENT
 
Name
 
Email Address
 
URL
 
 
Comment
 
Captcha

Type the characters you see in the picture above.
 
 
< Back
Property Search
Featured Listings
Select A Condo

Client Login
Register
Find Your Dream Home
Find an Agent
Search Foreclosure

Featured Listings
Palm Beach Real Estate Upturn – Evans Report

December 28, 2009
Leslie Evans, has tracked condominiums and single-family homes with his quarterly report, The Evans Report, for the last 11 years. His newly released third quarter residential...
Full Story

 

Pending Homes Sales Increasing

December 04, 2009
Often known as the “forward-looking” indicator, the Pending Home Sales Index rose 6.1 percent to from 103.8 percent in September to 110.1 percent in August. This...
Full Story

 

Residents Stay for the Soul

November 30, 2009
There are countless reasons why people choose Palm Beach homes over a residence in another city or community.  There is however certain key qualities that ultimately prove...
Full Story

 

> More Real Estate News

Scott Gordon Realty  |  255 South Ocean Blvd  |  Manalapan, FL 33462
Tel: (561) 533-5888  |  Fax: (561) 585-5490
Real Estate Web Design
Sitemap | Privacy Policy | Terms & Conditions | scott@scottgordonrealty.com