It’s coming!

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Posted by Park Ridge Real Estate | Posted in Real Estate Info, Tax Credits and Info | Posted on 30-03-2010

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Logo of the National Association of Realtors.
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It has to be Spring because we are going to crack 70 degrees this week – The Cubs and Sox start their seasons in the next couple days and real estate activity is starting to pick up again.  The weather really does have an impact on Real Estate, certainly in our part of the country.  The National Association of REALTORS issued their latest report stating that the weather had impacted showings last month.  Flip that to our recent weather and things are looking better for Real Estate. 

We haven’t heard much about extending the tax credit yet, but there will be a flurry of activity this month to try and meet the 4/30 deadline.  Here’s to Spring!!!

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More Positive Real Estate News

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Posted by Park Ridge Real Estate | Posted in Uncategorized | Posted on 15-02-2010

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Logo of the National Association of Realtors.
Image via Wikipedia

Home prices rose in more than 40 percent of U.S. cities during the fourth quarter of 2009.  The National Association of Realtors said last Thursday that the median sales price for previously occupied homes rose in 67 out of 151 metropolitan areas in the October-December quarter versus a year ago.  The national median price was $172,900, or 4.1 percent below the fourth quarter last year. That was the smallest year-over-year decline in more than two years. Sales of homes are up over 27% from a year ago and much of the activity is attributed to the tax credit extension.  Good news, nonetheless.

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