National Association of Realtors sees drop in sales prices for 2008

National Association of Realtors sees drop in sales prices for 2008 good for buyers and bad for sellers

National Association of Realtors sees drop in sales prices for 2008

Good news for buyers from the National Association of Realtors. Bad news for Sellers. Resale home sales are expected to drop 11.4 percent this year. This number is larger than the forecasted 8.9 percent in July, and the earlier expected 6 percent in June. Buyers can also expect new homes to drop about 34 percent this year, and the 30-year fixed rate mortgage is expected to average just over 6 and a quarter percent. The real estate market is finally picking up.

Jeff Bernard-third party aggregators and MLS Systems
Metro Broker's Kay Watson - NAR Protects Realtor Privileges
Mark Eskanos - Great Things At NAR Convention
Fewer Numbers At Colorado Realtor Convention
Keith Garner- NAR Bloggers Lounge A Success

http://www.brokeriptv.com/000228

Posted on September 18, 2008 16:03:50 by Mark.Eibner