LOS ANGELES – Home sales surged in the Western region of the country last month as many first-time homebuyers rushed to complete their deals before a temporary tax credit expires next month, according to two reports released Friday.
Sales in the 13-state region rose 5 percent from September a year ago, according to the National Association of Realtors. Foreclosures and other financially distressed homes continued to dominate transactions in some parts of California, Arizona and Nevada. That dragged the median price down 15 percent to $219,000.
Sales in the 13-state region rose 5 percent from September a year ago, according to the National Association of Realtors. Foreclosures and other financially distressed homes continued to dominate transactions in some parts of California, Arizona and Nevada. That dragged the median price down 15 percent to $219,000.
Comments (0) TotalPrices are dropping all over the region for vacation type luxury homes. Time to do your research and get into the market.
Comments (2) TotalWhen we launched Real Estate and Development in the Northern Rockies two years ago, markets around the region were booming and the big questions on many peoples’ minds were about how to control runaway growth. Today the environment is very different – but we think the insights you’ll gain into the economy, the real estate market, and land use issues at this year’s Real Estate and Development in the Northern Rockies conference, taking place Oct. 23-24 in Missoula, will be more valuable than ever.
With an historic election just weeks away and financial markets continuing to gyrate in unpredictable ways, the timing of this event is in some ways fortuitous. On Thursday, Oct 23, we’ll have four of the top journalists in the region assessing the political climate, the election, and how that might impact growth and change in the Northern Rockies. We’re also inviting elected officials to be our special guests at the Thursday reception, and they’ll undoubtedly have a lot of insight into the political dynamics as well.
With an historic election just weeks away and financial markets continuing to gyrate in unpredictable ways, the timing of this event is in some ways fortuitous. On Thursday, Oct 23, we’ll have four of the top journalists in the region assessing the political climate, the election, and how that might impact growth and change in the Northern Rockies. We’re also inviting elected officials to be our special guests at the Thursday reception, and they’ll undoubtedly have a lot of insight into the political dynamics as well.
Comments (0) TotalChris Fraser, Realtor with Park Place Realty wrote:
People make money in good markets, slow markets, down markets and flat markets. I’ve had a few smart people tell me over the years that a good way to make money in real estate is to know what you are looking for, when you find something that works, get it under contract and make your money when you buy.
People make money in good markets, slow markets, down markets and flat markets. I’ve had a few smart people tell me over the years that a good way to make money in real estate is to know what you are looking for, when you find something that works, get it under contract and make your money when you buy.
Comments (3) TotalChris Fraser, Realtor with Park Place Realty wrote:
Changing markets require new thinking and new strategies, here's an old program that might help provide those much needed win/win deals.
Changing markets require new thinking and new strategies, here's an old program that might help provide those much needed win/win deals.
Comments (2) TotalTom Burk C.O.O. of Coldwell Banker Wachholz and Company Wrote:
I recently read Richard Hanners’ article in the Whitefish Pilot entitled “Resort market insulated from U.S. housing trend.” Mr. Hanners points out that Whitefish is showing signs of maturing into a bona fide resort real estate market.
I recently read Richard Hanners’ article in the Whitefish Pilot entitled “Resort market insulated from U.S. housing trend.” Mr. Hanners points out that Whitefish is showing signs of maturing into a bona fide resort real estate market.
Comments (6) TotalChris Fraser, a Realtor with Park Place Realty wrote:
When buying and selling in changing markets, good information and expectations are so important. Check your motives, and pick your timing accordingly.
When buying and selling in changing markets, good information and expectations are so important. Check your motives, and pick your timing accordingly.
Comments (3) TotalTom Burk, C.O.O. of Coldwell Banker Wachholz and Company Real Estate wrote:
Predictions continue to mount that the United States is headed for economic recession. As unfortunate as this sounds, there exists a substantial school of thought that Montana will be able to avoid the effects of a national recession.
Predictions continue to mount that the United States is headed for economic recession. As unfortunate as this sounds, there exists a substantial school of thought that Montana will be able to avoid the effects of a national recession.
Comments (9) TotalRead More Real Estate
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Mark Phillips said: "As opposed to a false idiot? Or would that be bent, skewed or akimbo? Just wondering."