With our 1,000+ member organization, our primary goals are to serve the REALTOR®, the community and you, through education, involvement and property rights protection.
Friday, October 15, 2010
Tuesday, October 5, 2010
Fannie Mae Announces New HomePath Incentives Including $1,500 Bonus For Selling Agents
Incentives Available For Qualified Buyers!
On September 23, 2010, Fannie Mae announced incentives in connection with the sale of Fannie Mae-owned properties listed on the company's REO website, http://www.homepath.com/ for qualified homebuyers who submit eligible offers on or after September 23, 2010 and close by December 31, 2010.
Incentives For Selling Agents!
In addition, Fannie Mae announced a new $1,500 bonus incentive for selling agents representing qualified owner-occupants homebuyers who close by the deadline. Qualified homebuyers may receive up to 3.5 percent of the final sales price that can cover closing cost assistance, including a home warranty, if desired and available.
Sale Must Close in 60 Days of Accepted Offer
The sale must close within 60 days of the offer being accepted and no incentives will be given for investor purchase. Fannie Mae Homepath properties are owned by Fannie Mae and include a wide selection of homes, including single-family homes, condominiums and town houses.
Friday, August 13, 2010
HouseLogic - NAR Member Benefit
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Monday, July 19, 2010
Coastal Bend MLS 2010 2nd Qtr Stats
The Second Quarter Coastal Bend Housing Sales Statistics are in and it is obvious from the numbers that the tax credit had an effect on the market. Statistics in April were up significantly from 2009 and they were down again in June. So what that means is that consumers did take advantage of the tax credit and either entered the housing market for the first time, or purchased a move-up home. That is certainly good news.
When you take a look at the figures it's easy to see that April 2010 closed sales were up significantly from April 2009 with 371 sales compare to 288, up 28 percent May figures also reflect an increase in sales of 12.74 percent with 354 Sales in May 2010. As for June, statistics reflect sales dropped in 2010 to 360 as compared to 396 in June of 2009.
The data also reflects that April was up in every category including average sales price, median sales price and total dollar volume.
With the apparent ups and downs, the overall good news is that the average numbers in each category were up. So on balance in Corpus Christi and the surrounding areas via our Coastal Bend MLS statistics the second quarter looked positive over all in the housing market.
When you take a look at the figures it's easy to see that April 2010 closed sales were up significantly from April 2009 with 371 sales compare to 288, up 28 percent May figures also reflect an increase in sales of 12.74 percent with 354 Sales in May 2010. As for June, statistics reflect sales dropped in 2010 to 360 as compared to 396 in June of 2009.
The data also reflects that April was up in every category including average sales price, median sales price and total dollar volume.
With the apparent ups and downs, the overall good news is that the average numbers in each category were up. So on balance in Corpus Christi and the surrounding areas via our Coastal Bend MLS statistics the second quarter looked positive over all in the housing market.
Monday, April 19, 2010
Coastal Bend MLS 2010 1st Qtr Stats
The Coastal Bend Multiple Listing Service Statistics for the first quarter of 2010 are no surprise. For all practical purposes the first quarter shows the Corpus Christi housing market is status quo. There is, however, one bright spot: March is up just a bit and the hope is that trend will continue.
The statistics show, as predicted by NAR Chief Economist Lawrence Yun last month when he spoke here, that the real estate market will start moving in the coming months, but it will not be at a fast clip, but rather at a slower more methodical pace.
The number of closed sales for the first three months of 2009 stand at 730. That compares to 717 for the first quarter of 2010, down 1.78 percent.
The median average sales price for the first quarter of 2009 was $127,331. That compares to $129,416 for the first quarter of this year, up 1.64 percent.
The statistics show, as predicted by NAR Chief Economist Lawrence Yun last month when he spoke here, that the real estate market will start moving in the coming months, but it will not be at a fast clip, but rather at a slower more methodical pace.
The number of closed sales for the first three months of 2009 stand at 730. That compares to 717 for the first quarter of 2010, down 1.78 percent.
The median average sales price for the first quarter of 2009 was $127,331. That compares to $129,416 for the first quarter of this year, up 1.64 percent.
Wednesday, February 10, 2010
Craig's List Scam Comes to Local Real Estate Market
News from CCAR - Monday Memo: "Have you been searching Craig's List and found one of your listings - rentals in particular- offered for some ridiculously low price with your name attached to it, but with a different number and e-mail?
Well several Realtors in our market have had that specific experience. How it works is scam artists pull your listings, place them on Craig's list with the fake numbers and then talk to the potential renter and get them to send them money for a rental which will never happen.
So you might want to scan Craig's list and make sure none of your rentals are there. We have also reported this to the Caller Times and the local television stations as well as Craig's List. So keep an eye out and beware!"
Well several Realtors in our market have had that specific experience. How it works is scam artists pull your listings, place them on Craig's list with the fake numbers and then talk to the potential renter and get them to send them money for a rental which will never happen.
So you might want to scan Craig's list and make sure none of your rentals are there. We have also reported this to the Caller Times and the local television stations as well as Craig's List. So keep an eye out and beware!"
Tuesday, February 2, 2010
Fourth Quarter Housing Stats - Up From Last Year
December Closed Sales Bring Numbers Up For the Last Quarter of 2009
For the year, our sales figues are definitely down, but it is certainly positive that we ended 2009 with an improvement in the 4th quarter over the 4th quarter of 2008. Below are the year end Housing stats compareds.
For the year, our sales figues are definitely down, but it is certainly positive that we ended 2009 with an improvement in the 4th quarter over the 4th quarter of 2008. Below are the year end Housing stats compareds.
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