Archive for January, 2011
If your MI home is for sale – whether in Saugatuck, Douglas, Glenn or surrounding areas – there’s a good chance your real estate agent will discuss the benefits of an open house with you. Open houses have long been a part of the home sale experience, since it allows prospective buyers to take a “low-key” approach while they browse the merchandise. It also gives your real estate agent the chance to network with a large number of potential buyers all at one time. In some cases, it also means you’ll finally sell that home!
Daily Real Estate News | January 10, 2011 | Share Vacation Homes Emerge as Hot Market
Vacation communities across the United States are showing big signs of a rebounding real estate market, reporting soaring sales at levels that have not been been seen since the days of the housing boom, The Wall Street Journal reports.
The increase has been driven by deep discounts and cash purchases, analysts say.
“We haven’t felt energy like this in a long time. Buyers sense that they’ve been on the sidelines long enough,” says
Pending Sales of Existing Homes Swell by 3.5%: NAR
The number of contracts signed for purchases of previously owned homes climbed again in November, according to data released by the National Association of Realtors (NAR) late last week.
The organization’s pending home sales index rose 3.5 percent based on contracts signed in November. That follows a record 10 percent jump recorded for the month of October and beat even the most modest market expectations. The median forecast in a Bloomberg News survey pegged the November figure to come in 0.8 percent above the previous month.
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