From what I’ve read, both home sales, GDP advance. Housing market news remains in the spotlight. August Existing Home Sales should continue to come in over the 5 million unit annual rate. New Home Sales are also forecast up for the month, solidly into 400,000 per year territory. The end of the week sees the GDP-3rd Estimate, predicted to show
Interesting quote… ”Learn from yesterday, live for today, hope for tomorrow.” –Albert Einstein INFO THAT’S RELEVANT TO OUR MARKET… Einstein’s scientific genius provides some real world advice for our housing market. “Learn from yesterday”: we recently learned that the home price decline of a few years ago was not as severe as previously thought. Property values nationally, from the February 2007
DID YOU KNOW?… Last week, the Fox Business Network reported that nationally, on average, rents are running 35% higher than a comparable home purchase.
Earlier this month I attended the Kentucky Association of REALTORS’ Annual Hill Visit in Frankfort as a Delegate of the Greater Louisville Association of REALTORS. During this almost week long gathering of Realtors from all over the state, we conduct KAR business, attend classes and finally, bring all 6 regions together for a closing delegate
There have been many reports out lately regarding the recovering housing market and how the market continues to look up. Although we had a bit of a set back when the government was shut down and FHA and VA loans were delayed, the majority of the reports show progress. The increase in sales are partly