Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Real Estate Wisdom and Information From CENTURY 21 Advantage Gold -The Only CENTURY 21 Firm With Offices in Pennsylvania AND New Jersey!
Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.
In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country’s conforming mortgage loan limit.
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
Anne Rubin
Broker/Owner
AnneRubin.com
Heather Shafter
REALTOR
heathershafter.com
Mary Bauman
Marketing Dir.
www.c21ag.com
Bill Lublin
Ninja CEO
REreflections
Al Perry
Broker/Owner
AlPerryHomes.com
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