National Association of Realtors says Pending Home Sales Rise as buyers enjoy the bargains to be had!
The cheif economist at NAR, Lawrence Yun states that the data indicates a market in transition – i.e. from buyers towards a more stable balanced market. There is a rise in the Pending Home Sales Index across four regions showing an increase in activity as buyers are tapping into the market and sanpping up deals on property which previously were not for sale.
Area which were hardest hit by the national slowdown such as southern Florida and Las Vegas are now posting gains – Fort Myers, Fl and Las Vegas amongst a whole host of others! The Housing Reform Bill which will provide a great boost is a way in which first time buyers can be helped to the market through the expansion of FHA loan programs and a great tax credit.
If you are interested in purchasing a home in Malibu or the Westside area and taking advantage of the market, with a great selection of property and low mortgage rates, now is the time to buy! You need to contact Judy Kunisaki for professional Real Estate advice. Also, if you are considering selling your property in the area Judy may be able to assist you! You can contact her on 310-317-8396 or by visiting her website: www.judysellswestside.com
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