Featured Listing

Featured Article

2014 Municipalities get the upper hand on Back Taxes

 2014 Feb/Source: PAR JustListed; New amendment changes how municipalities reduce delinquent taxesConfusion regarding a recently signed bill has created some misunderstandings about how it will affect real estate...
read more

Happy Clients

Dear Sheri & John Curci,Gary and I wanted to take a moment to THANK YOU for the superior service you provided on our recent home sale.After unsuccessfully listing with two...
read more

August 2013 Market Update

     

 9-19-2013  Improved market in the last 5 Years
 
www.HomeCatch.com offers the August 2013 Housing Market results from DS News.... and it's Grrrreat News !!    

August Existing Home Sales at Pre-Recession High

 Existing home sales rose an unexpected 6.5 percent in August to an annual sales rate of 5.48 million, the highest level since February 2007 – four months before the onset of the Great Recession — the National Association of Realtors reported Thursday.
 
 Economists surveyed by Bloomberg expected existing home sales to drop to 5.255 million from July’s originally reported July’s 5.39 million sales pace which was unchanged in today’s report.

  The increase in sales came as the median price of an existing single family home in August dipped slightly from July, down $300 to $212,100. It was the second straight month-month price drop.

The inventory of homes for sale edged up to 2.25 million from 2.24 million in July, computing to a 4.9 month supply down from 5.0 in July and the lowest since February’s 4.7 month supply.
 
news@dsnews.com