Florida's Existing Home, Condo Sales Up in May 2009
Florida's existing home sales rose in May - the ninth month in a row that sales activity increased in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors(R) (FAR). Statewide sales showed gains over the previous month's sales level in both the existing home and existing condominium markets. Also, for the first time in many months, the statewide median sales price in May for existing homes and for existing condos rose over the previous month's figure.
Illinois Market Gets Moving With May Home Sales Up 19.3 Percent From April
The month of May marked the fourth consecutive month-to-month increase in home sales for the Illinois housing market and the third monthly increase in the statewide median home sale price, according to the Illinois Association of REALTORS(R) latest report. Total home sales (which include single-family and condominiums) were up 19.3 percent in May 2009 to 8,945 homes compared to 7,501 homes sold in April 2009. Compared to a year ago, home sales were down 21.0 percent from May 2008 sales of 11,326.
April Illinois Home Sales Signal Buyers Getting Off the Sidelines
The Illinois housing market posted its third consecutive month of home sales increases over the previous month, helped by record low interest rates and buyer incentives including the homebuyer tax credit and improved affordability. According to the Illinois Association of REALTORS(R) latest report, total home sales (which include single-family and condominiums) were up 9.0 percent in April 2009 to 7,593 homes, compared to 6,968 homes sold in March 2009. Overall, home sales were down 20.9 percent from April 2008 sales of 9,599.
Florida's Existing Home, Condo Sales Rise in April 2009
Florida's existing home sales rose in April - the eighth consecutive month that sales activity increased in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors(R) (FAR). April's statewide sales showed gains over the previous month's sales level in both the existing home and existing condominium markets.
FSBO- For Sale By Owner
People want to sale their homes but they are not interested in paying the realtor fees to the agent. These charges vary from 2 to 5% of the actual sale price of the property. The realtor fee is negotiable as it depends upon the amount of the property. People usually consider this fee as an extra expense when they add this fee to the other spending of the selling house.
Illinois Home Sales Improve as First Quarter Closes
March sales showed sizeable gains over February, yet tighter lending standards had a resounding effect on first quarter home sales, according to the Illinois Association of REALTORS(R) (IAR). Home sales (which include single-family homes and condominiums) totaled 16,748, down 23.5 percent from 21,902 home sales in the first quarter of 2008. The first quarter median home sale price was $146,000, down 21.1 percent from $185,000 a year earlier. The median is a typical market price where half the homes sold for more, half sold for less.
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