1. Released: June 7, 2010 Commentary 2 The Numbers That Drive Real Estate 3 Recent Government Action 9 Topics for Home Buyers, Sellers, and Owners 11
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3. The Numbers That Drive Real Estate Home Sales 4 Home Price 5 Inventory 6 Mortgage Rates 7 Affordability 8
4. Latest Data Release: May 24, 2010 Source: National Association of Realtors Home Sales In Millions Existing home sales strengthened in April to 5.77 million, up 8.7% from March and 22.8%from last April. This is the tenth consecutive month of year-over-year increases. According to Lawrence Yun, NAR chief economist, although part of the uptick was expected from the tax credit, there’s also been a return of buyer confidence, for those who remained on the sideline last year. The return of confidence is a result of stabilized prices, an improved economy, and continued advantageous interest rates. In March, 49% of sales were from first-time buyers. April 08-09 April 09-10 Impact of Tax Credit Deadline Seasonally Adjusted Home Sales - In Millions
11. Topics for Home Buyers, Sellers, and Owners Myths about Distressed Properties – Debunked! 12
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13. Your Local Market Although it is important to stay informed about what is going on in the national economy and housing market, many different factors impact the real estate market in your own area. Talk to THE SERENA GROUP for assistance interpreting the conditions in your local market . KW associates are equipped with the knowledge and information to help you navigate through the home-buying or selling process in this challenging market.
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15. CONTACT US! EMAIL: [email_address] DIRECT: (941) 928-1248 WEBSITE: Bradenton-Florida- RealEstate.com SUBSCRIBE: SERENA GROUP BLOG