Friday, November 03, 2006
ESTABLE LA CANTIDAD DE CONTRATOS PENDIENTES A CIERRE DURANTE EL MES DE SEPTIEMBRE A NIVEL NACIONAL
MARRERO REAL ESTATE BROKERAGE LLC
JOSE RAUL MARRERO
REAL ESTATE BROKERAGE LIC.
UN MARAVILLOSO DIA
SEGUN INFORMACION RECOPILADA POR LA ASOCIACION NACIONAL DE REALTOR A NIVEL NACIONAL, LA CANTIDAD DE TRANSACCIONES DE PROPIEADES PENDIENTES DE CIERRE SE MANTIENE SIN MAYORES CAMBIOS SEGUN REFLEJARON LOS NUMEROS DEL MES DE SEPTIEMBRE. PODRIAMOS CONSIDERAR ESTO COMO UNA SENAL ADICIONAL DE ESTARSE NORMALIZANDO EL MERCADO. A CONTINUACION EL DETALLE DEL INFORME.
;Pending home sales show leveling trend
WASHINGTON – Nov. 2, 2006 – Home sales are expected to hold fairly steady in the months ahead, according to the latest reading on pending home sales published by the National Association of Realtors (NAR).
The Pending Home Sales Index (PHSI), based on contracts signed in September, slipped 1.1 percent to a level of 109.1, following a 4.5 percent gain in August, but remains 13.6 percent below September 2005.
David Lereah, NAR’s chief economist, says the index shows home sales will not be moving much in one direction or another. “The present level of home sales is relatively high in historic terms, and we can expect generally minor movements around this level. We don’t expect to see any changes of note until early next year when we’re likely to see a modest lift to home sales,” he said. “The market currently is a little lower than expected as buyers try to time their entry. In the meantime, there’s some buildup in demand that will move when consumers realize that conditions are optimal for them.”
Regionally, the PHSI in the Midwest rose 2.1 percent in September to 96.4 but was 18.4 percent below September 2005. The index in the West slipped 0.4 percent to 112.5 in September and was 15.2 percent below a year ago. In the South, the index eased 1.3 percent in September to 125.0 and was 9.0 percent below September 2005. The index in the Northeast fell 5.9 percent to 89.9 in September and was 15.9 percent lower than a year earlier.
The index is derived from pending sales of existing homes. A sale is listed as pending when the contract has been signed and the transaction has not closed; pending sales typically are finalized within one or two months of signing.
An index of 100 is equal to the average level of contract activity during 2001, the first year to be examined and the first of five consecutive record years for existing-home sales. There is a closer relationship between annual changes in the index and year-ago changes in sales performance than with month-to-month comparisons.
© 2006 FLORIDA ASSOCIATION OF REALTORS®
GRACIAS POR VISITAR ESTA SECCION DE NUESTRO BLOG
JOSE RAUL MARRERO
787-486-7906
407-436-5140
TODOS SOMOS GUERREROS DE LUZ!
ESTA NAVIDAD REGALE ALEGRIA
WWW.CANTORESDEBAYAMON.COM
JOSE RAUL MARRERO
REAL ESTATE BROKERAGE LIC.
UN MARAVILLOSO DIA
SEGUN INFORMACION RECOPILADA POR LA ASOCIACION NACIONAL DE REALTOR A NIVEL NACIONAL, LA CANTIDAD DE TRANSACCIONES DE PROPIEADES PENDIENTES DE CIERRE SE MANTIENE SIN MAYORES CAMBIOS SEGUN REFLEJARON LOS NUMEROS DEL MES DE SEPTIEMBRE. PODRIAMOS CONSIDERAR ESTO COMO UNA SENAL ADICIONAL DE ESTARSE NORMALIZANDO EL MERCADO. A CONTINUACION EL DETALLE DEL INFORME.
;Pending home sales show leveling trend
WASHINGTON – Nov. 2, 2006 – Home sales are expected to hold fairly steady in the months ahead, according to the latest reading on pending home sales published by the National Association of Realtors (NAR).
The Pending Home Sales Index (PHSI), based on contracts signed in September, slipped 1.1 percent to a level of 109.1, following a 4.5 percent gain in August, but remains 13.6 percent below September 2005.
David Lereah, NAR’s chief economist, says the index shows home sales will not be moving much in one direction or another. “The present level of home sales is relatively high in historic terms, and we can expect generally minor movements around this level. We don’t expect to see any changes of note until early next year when we’re likely to see a modest lift to home sales,” he said. “The market currently is a little lower than expected as buyers try to time their entry. In the meantime, there’s some buildup in demand that will move when consumers realize that conditions are optimal for them.”
Regionally, the PHSI in the Midwest rose 2.1 percent in September to 96.4 but was 18.4 percent below September 2005. The index in the West slipped 0.4 percent to 112.5 in September and was 15.2 percent below a year ago. In the South, the index eased 1.3 percent in September to 125.0 and was 9.0 percent below September 2005. The index in the Northeast fell 5.9 percent to 89.9 in September and was 15.9 percent lower than a year earlier.
The index is derived from pending sales of existing homes. A sale is listed as pending when the contract has been signed and the transaction has not closed; pending sales typically are finalized within one or two months of signing.
An index of 100 is equal to the average level of contract activity during 2001, the first year to be examined and the first of five consecutive record years for existing-home sales. There is a closer relationship between annual changes in the index and year-ago changes in sales performance than with month-to-month comparisons.
© 2006 FLORIDA ASSOCIATION OF REALTORS®
GRACIAS POR VISITAR ESTA SECCION DE NUESTRO BLOG
JOSE RAUL MARRERO
787-486-7906
407-436-5140
TODOS SOMOS GUERREROS DE LUZ!
ESTA NAVIDAD REGALE ALEGRIA
WWW.CANTORESDEBAYAMON.COM
