Existing Home Sales Numbers Highest Since 2009

Housing Analysis , ,
The National Association of REALTORS reported that sales of existing homes in April reached 4.97 million on a seasonally-adjusted annual basis. Although this reading fell short of Wall Street's expectations of 5.00 million existing homes sold, it surpassed the March 2013 upwardly revised reading of 4.94 million existing home sales. This represents a 0.60 percent increase from March to April, and a 9.70 increase year-over-year. Low Mortgage Rates Contribute To High Sales Levels  Low mortgage rates and pent-up demand for homes are driving sales of existing homes, which reached their highest level since November 2009.  Lawrence Yun, chief economist for…
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Four Ways To Ensure Your House Sells Quickly And For Top Dollar

Home Selling Tips , ,
Selling a house in the current market can be tricky, but there are certain mistakes an owner can make that will cause a home to sit still without a decent offer and cause the listing to go stale. In order to prevent that from happening, make sure you are not making one of the following mistakes when putting your property on the market. Overpricing While your home may hold sentimental value, many times that value does not translate into dollars. Be realistic about your asking price and know the details about your current market. Look at the list price of…
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