My New Blog

Tacoma Home Buyers Have Buying Power...

Tacoma Real Estate and the surrounding cities within Pierce, King, and Thurston Counties are starting to pick up.

 

Last week, the National Associates of REALTORS® reported that the Pending Home Sales Index, a forward looking indicator based on contracts signed in March, was on the rise – up 3.2 percent to 84.6 from a level of 82 in February. What’s causing the current upswing? NAR Chief Economist, Lawrence Yun, says that the increase in the number of first-time homebuyers taking advantage of the $8,000 tax credit, historically low interest rates, and general housing affordability has been crucial in the initial turn around in overall sales.

 

Those numbers are in line with another statistic NAR produced earlier this year: 53.5 percent of home buyers in 2009 will be first timers home buyers.

 

source: ThisWeek @ Keller Williams

 

 

 

The Trey Affolter Team, Keller Williams Realty, always welcomes comments and is available to answer questions about Tacoma Real Estate and the surrounding cities within Pierce County Real Estate, South King County Real Estate, and North Thurston County Real Estate.  

253-222-6000

http://www.TreySellsHouses.com

Your Tacoma Real Estate Professional

Posted by Trey Affolter on May 11th, 2009 8:30 AMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Trey Affolter, Keller Williams Realty 615 east Pioneer Ave, Suite 203 Puyallup, WA 98372
Phone: Cell: Fax:

See Featured Homes

Copyright © 2012 Trey Affolter, Keller Williams Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: