Saturday, September 22, 2012

Good News

WASHINGTON (Reuters) - The pace of home resales rose in August to its fastest in over two years and the price for sold homes climbed from a year earlier, hopeful signs that a budding housing market recovery is gaining traction.

The National Association of Realtors said on Wednesday that existing home sales increased 7.8 percent last month to an annual rate of 4.82 million units last month.

That was the fastest annual rate since May 2010 and well above analysts' expectations of a 4.55 million-unit rate.

Nationwide, the median price for a home resale rose to $187,400 in August, up 9.5 percent from a year earlier as fewer people sold their homes under distressed conditions.

The nation's inventory of homes - those for sale on the market - rose 2.9 percent during the month to 2.47 million.

"The housing market recovery is becoming much more convincing," said NAR economist Lawrence Yun.

The price increase is measured against August 2011, and since then distressed sales have fallen to 22 percent of total sales from 31 percent. Distressed sales also fell in August of this year compared to the prior month.

While the broader U.S. economy appears to be losing steam, housing has gained traction and has become a relative bright spot.

Friday, September 21, 2012

New Review!

Here is what maryberry101 wrote:
How likely are you to recommend Daniel Firks?
highly likely
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This man is an amazing realtor!! We never honeslty thought our house would sell for many reasons , especially with the economy, but he made it happen, and pretty quick!! He is always right on top of his game, very professional, and very prompt! He had been working with his for a long time with looking to buy a home as well, and agian that was an enjoyable experience. now that everything is all done, we miss him! Thats how much he was there for us on a day to day basis. And at times I know I have been difficult to work with, yet he always kept a possitive attitude, and even had talked to me just to reasure me everything was going to be ok, and he was right!! Highly, Highly recommend Dan!! I wouldn't go anywhere else! He is truely an amazing person to work with!! A+++++++++++++++++++