According to the Houston Association of REALTORSA�, Houston area home sales cooled down in July. This definitely seems to be owing to the last government tax credit incentives expiring. The homebuyer tax credits artificially boosted the sales figures typically noticed in the initial half the season. After four months of consecutive gains, the Houston real estate market was down 25% in July as compared to the sales of single-family homes in July 2009.
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If we compare home sales in the metro Phoenix area since January 2009, it’s interesting to see that total sales in January 2009 were at 4285 and 8254 in June 2009. REO sales were 2881 in January 2009, 4804 in June 2009 and 4246 in July 2009. The REO sales in July 2009 have increased 53% since July 2008 but as you have seen the numbers are decreasing that is a good sign. Short sales were at 396 in January 2009, 1118 in June 2009 and 1344 in July 2009. Although these quantities of short sales continue to increase, these are increasing at a slower pace, which very encouraging.
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There are still plenty of great characteristics which make Eagle real estate admirable inside the eyes of retirees and in many cases starting families that are in search to get a pleasing community that will assist as their home. Given these reasons, providing ought to question why Eagle properties for sale still sell like hotcakes for both retirees and younger individuals.
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