Almost seven years since the housing bubble burst, most indexes of housing prices are arcing upward. Nearly 10 percent more homes were sold in May than in the same month in 2011. The number of foreclosed homes has fallen and vacant homes are at their lowest level since 2006.
This reduced inventory of unsold homes is the key. For the past couple of years, house prices have risen in the spring and then slumped; the declining supply of houses for sale is reason to believe that won't happen again this year.
Also, builders are working on 26 percent more single family homes then this time last year. The stock of unsold newly built homes is back to 2005 levels. Housing construction is a sure sign of economic growth.
Though we are still a long way from a full recovery, housing should no longer be a factor in dragging the U.S. economy down.
We should be assured that the American dream of owning a home is attainable by any one of us. To that point, with mortgage rates still hovering around all-time low's, there is not a better time to become a homeowner!
Visit www.2findyourhome.com today to begin your search and contact a local Realtor®. An agent's expertise is sure to make the process a whole lot easier.
As always, thank you for making 2FindYourHome, in print and online, the trusted real estate source of Western New York.
Monday, July 23, 2012
Wednesday, July 11, 2012
HUNT REAL ESTATE ERA HOSTS BUSINESS LEADERS MEETING Nationally Recognized Speaker David Knox Discusses Lead Conversion
Buffalo, NY – July 9, 2012 – In keeping with their commitment to attract and develop the best talent in the real estate business, HUNT Real Estate ERA held its second quarterly Business Leaders meeting for 2012 on June 12 at the Buffalo/Niagara Millennium Hotel. Over 130 attendees were empowered with leading industry speaker David Knox’s expert advice on responding to customer leads generated through HUNT’s exclusive HUNT Hotline. The HUNT Hotline is a new technology tool introduced earlier in the year that allows customers to get instant information on any listing when and where they want it, 24/7, whether through voice, text or mobile site.
While other companies are scaling down and cutting resources due to challenging economic turns, HUNT Real Estate ERA has been turning on the investments – when it comes to providing their agents with the tools and systems they need to better service buyers and sellers today. David Knox has been a featured speaker at HUNT regional events over the years, and the company makes his leading videos and training resources available to all their agents through HUNT University.
“Our customers’ needs have changed over the years, and they want detailed property information instantly,” said Peter F. Hunt, Chairman and CEO of HUNT Real Estate Corporation. “They also demand an immediate response when they reach out, and thanks to the HUNT Hotline and David Knox’s valuable teaching skills we can offer customers just that,” Hunt continued.
HUNT Real Estate ERA has been servicing home buyers and sellers successfully for 101 years, and it has done so by keeping up with the times and technology, and providing their agents with the tools they need to help them service their clients with excellence.
For information about properties for sale, or to find an elite agent to help or to join HUNT’s award winning team, visit www.huntrealestate.com or call 716-631-4800.
About HUNT Real Estate ERA
HUNT Real Estate Corp. is the parent company of HUNT Real Estate ERA. With 35 branches strategically located throughout western, central, and upstate New York and Phoenix, Arizona, HUNT Real Estate ERA is the largest family-owned and operated real estate company in the area. A leader in the residential real estate industry with over 100 years of experience, HUNT also operates a commercial brokerage as HUNT Commercial Real Estate, a mortgage banking firm – HUNT Mortgage, two insurance agencies – HUNT-Vanner Associates and HUNT Insurance Agency, a title agency – Network Title Agency of New York, an award-winning Relocation division, a residential building company and a fee-for-service brokerage. HUNT’s mission is to build its sales presence through successful sales associates, to grow profitably, and to provide the highest quality of real estate and homeownership services in the markets in which it operates. For more information regarding real estate listings in your local market and HUNT’s homeownership services visit www.huntrealestate.com or become our fan on Facebook at www.facebook.com/huntrealestate.