Great News Existing home sales have increased 2.1% in February..The index according to the National Association of Realtors (NAR)says the gain is likely to hold for a while and gives hope for a solid spring selling season..
Affordability is also working.Housing affordability levels are at their most favorable since NAR first started tracking the data in 1971.
There are still some hurdles mortgage underwriting standards are tougher creating snags for many buyers who would like to buy and can not.,but those who qualify can lock in low rates and enjoy the upper hand in price negotiations.
It seems there is a boost in confidence.Both buyer traffic and seller traffic are expected to to grow. Confidence is at its highest levels since June 2008
The stimulus package passed by the Federal government providing a first time home buyer tax credit of up $8000 to is working its way through the system!
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Pictures are by Hannah Williams not to be duplicated without permission .HelpfulHannahs.com is a Real Estate website please visit it if you are interested in information about homes or any information about the Philadelphia or Bucks County Pennsylvania area or call me direct 215-992 3376 or by cell 820-3376 i will be glad to assist you.Unless otherwise noted, the content, both written and in pictures,are the property of Hannah Williams. If you wish to use something you see here,( please ask for permission) Most likely I will oblige, with a link back to my original content as well as an acknowledgment. Thank you to all my friends,neighbors and clients who allowed my to use their photos and videos maybe you will get to Hollywood!
