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Atricle Dump - In 2006 Projected US Home Sales to Be Second Best In History, Key Industry Observers Predict
It is often said that if you don’t know where you are going, you may miss it when you get there. And, as Malcolm Forbes also points out, “If you don’t know what you want to do, it’s harder to do it.” This is good advic
Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home pri
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After five consecutive record years of existing nationwide homes for sale, key real estate industry observers are optimistic that 2006 will be the second best year in history and that the national median home price will continue to increase, although at a slower pace that last year’s 10.5%. Additionally, the inventory of unsold homes for sale is currently at a five-month level. A six-month supply is generally indicative of a more balanced real estate market between buyers and sellers demand.
Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home pric
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Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home pri
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Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home pri
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Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home pri
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Consumer sentiment has also rebounded since last fall despite continued Middle East, energy home prices and mortgage rates concerns. January’s 106.3 index rating by the Consumer Board was the highest in three years. Historically, home buyer activity increases as consumer confidence improves. Actual home sales usually close 30 to 90 days later.
David Lereah, chief economist for the National Association of Realtors, predicts a slight falloff in existing home values in sales in 2006: “This is part of the real estate market adjustment we’re anticipating, with a soft landing in sight for the housing sector. The level of homes for sale activity is now
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