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Mixed Reviews for Resale Housing September 13, 2009

Posted by Sue in Real Estate.
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 The September Residential Real Estate Market Report has been published, showing a consistent drop in inventory which could indicate a trend for stabilizing market, yet consumer confidence waffles in anticipation of next wave of foreclosures, REO’s & short sales. 

Pressure Points

Pressure Points

Social Media – a Fad? September 12, 2009

Posted by Sue in Technology.
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Social Media as seen through the eyes of Erik Qualman.  Special thanks to Theresa Barnabei and Len Elder of Course Creators for bringing this to a special “Hot Topics” session … A must see – quite controversial as to whether the statistics are authentic.  Don’t miss the point!  Social Media is Not a fad. 

Pending Home Sales UP 6 mos in a row! September 2, 2009

Posted by Sue in Real Estate.
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Daily Real Estate News  |  September 1, 2009  | http://bit.ly/3GYn1p

Pending Home Sales on a Record Roll
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1. The index is at the highest level since June 2007, when it was 100.7.