Good News On The Real Estate Horizon !
November 20th, 2009 categories: BUYERS only, Real Estate Forum, SELLERS only
The National Association Of Realtors, (NAR) reported last week a bit of good news for a change, in regards to the Real Estate Market. They feel that home prices will grow next year and will keep on rising.
Home Resales are projected to total 5.7 million next year compared to the estimated 5 million for the year 2009. They feel that home prices will rise an estimated 4% after a projected 13% loss this year.
The real estate market’s rebound has been attributed to the federal governments incentive programs as well as lower mortgage rates and a federal tax credit for first time home buyers. Thank goodness for the NAR for lobbing on behave of Real estate agents, Realtors and sellers and buyers, to move things forward in a positive direction.
So far so good! In the month of September, home sales rose to the highest level in more than 2 years. For more information on the Newest Tax credit offer by the government for home buyers, feel free to contact me or visit our web site at www.NorthAtlantaHomeTeam.com .
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