Mortgage rates appear to be kick-starting the housing market, according to many real estate market reports from around the country. In addition, the $8,000 First-time Homebuyer Tax Credit seems to be stimulating the new buyers in getting their “piece” of the government bailout.
Welcome to the April 19, 2009 edition of real estate market reports, a traveling weekly gathering of real estate blogs from around the country. I hope you enjoy these articles and would love any feedback in the comments below.
Housing Report
Tallahassee Housing presents Rising Foreclosure Levels Hit Tallahassee Real Estate posted at Tallahassee Real Estate Blog, saying, “For those of you who have been regular readers of the Tallahassee Real Estate Blog for quite some time, you will know that we have been keeping an eye on distressed properties in Tallahassee, knowing that if too many hit the market, they will bring a whole new level of pricing pressures on otherwise “regular” home sellers.”
Tallahassee Housing presents 33 Months Of Declines In Tallahassee Home Sales posted at Tallahassee Real Estate Blog, saying, “The new data has arrived for the month of March and it appears that we have posted our 33rd consecutive month of declining home sales (when measured year over year). What this means is the March of 2009 was worse than March 2008 (and February 2009 was worse than February 2008, etc.) going all the way back to June 2006.”
Local Real Estate Data
Brien Berard presents More Homes Are Selling Prince Georges This April! posted at Laurel & Silver Spring MD Blog, saying, “Prince Georges County housing market improving.”
Doug Willis presents Pasadena Housing Market Comes Roaring Back posted at Up2Date, saying, “For a patient that had been on life support for the last year and a half, the surgical team came in with a prognosis of “cautiously optimistic”. The medication came in the form of lower mortgage rates and an $8000 tax credit for first time home buyer’s. The increase from February to March was one of the biggest we have seen in 5 years”
Claudia Gonella presents Are real estate prices sticker in Central America? posted at Real estate data for Panama, Costa Rica, Nicaragua and Belize.
Brien Berard presents Home Sales Triple in Laurel Maryland 20707 posted at Laurel & Silver Spring MD Blog, saying, “Home sales Triple in Laurel Maryland”
Tallahassee Housing presents Economic Forecast For The Tallahassee MSA posted at Tallahassee Real Estate Blog, saying, “While the figures for the State show a reduction in population growth, it does anticipate growth nevertheless. For Tallahassee, the report estimates our population to continue growing at about 1% each year. While this is a slower rate of growth than we have experienced in the past, it is better news than I had expected to read.”
Real Estate Market Report
Petra Norris presents Lakeland Florida Housing Market Report for March 2009 – Are we out of the Woods yet? posted at Lakeland Florida Living� Lakeland Real Estate | Has the Lakeland Florida’s Housing Market Bottom Out?, saying, “Lakeland Florida has good news to report for the first quarter, but we still have three quarters left in 2009.”
Tallahassee Housing presents How To Find The Bottom Of The Real Estate Market posted at Tallahassee Real Estate Blog, saying, “If you want to know the beginning of the next phase of the market turn, just keep an eye on the green line in the graph below. You can visit this graph (updated twice per week) at The Market Bulletin.”
Other Information
Bob Schwartz presents 4 Keys to Buying a San Diego Bank Foreclosed Home posted at San Diego real estate, saying, “Thinking of buying a San Diego foreclosed home?
#1. Use a Realtor.
#2. Inspect the home prior to placing an offer.
#3. Condition your offer on a complete physical inspection. ….”
YRP Jen presents Our Lists of Awakenings posted at YourRealtyPortal.com Blog, saying, “Each time I watch this movie it re-energizes my convictions … what I want to do, where I want to be, and what I want to become in my career, spiritual, family, and personal life. In an effort to be held accountable, …..”
Chris presents Inspection checklist #2 for home buyers posted at Home I Own.
Tallahassee Housing presents The Latest Trends In The Tallahassee MLS posted at Tallahassee Real Estate Blog, saying, “The Tallahassee MLS contains a wealth of information that can yield a glimpse of the direction of the real estate market if you know where and how to look. With the help of Carol Palacios, the Tallahassee Real Estate Blog tracks key data over time in order to provide the analysis that you find here and in the Tallahassee Real Estate Newsletter (you can subscribe in the form at the right).”
Handy Saputra presents Questions You should Ask when Buying a New Home posted at Home Loan and Mortgage Info, saying, “Buying a new home can be a very exciting time in a persons life. There are many considerations one should be aware of before taking the plunge into new homeownership. Before you make this huge life investment, you should ask yourself the following questions: Can I afford a new home?”
Silicon Valley Blogger presents Get The Best Home Loan Rates With These Tips posted at The Digerati Life, saying, “Thanks!”
The Smarter Wallet presents Our Mortgage Bailout and Rescue: Obama’s Homeowner Affordability and Stability Plan posted at The Smarter Wallet, saying, “Thanks!”
Savings Toolbox presents Property and Casualty Insurance – What You Should Know posted at Savings Toolbox.
Diego Cervantes presents The Real Estate Toolbox: Top 50 Resources & Web 2.0 Sites for Buying or Selling a Home posted at Bankling.
That concludes this edition. Submit your blog article to the next edition of real estate market reports using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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