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        <title>Real Estate Blog</title>
        <link>http://www.mysantacruzrealestate.com/blog/market-trend-report/</link>
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            <guid>http://www.mysantacruzrealestate.com/blog/santa-cruz-market-trends-report.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/santa-cruz-market-trends-report.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Santa Cruz Market Trends Report</title>
            <description> <![CDATA[ 
&nbsp;

Click here to view the report:

http://rereport.com/scc/print/LaurenSpencerSZC.pdf
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            <pubDate>Fri, 01 Jul 2011 10:07:00 -0700</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/is-it-time-to-switch-to-a-new-santa-cruz-real-estate-agent.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/is-it-time-to-switch-to-a-new-santa-cruz-real-estate-agent.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Is it Time to Switch to a New Santa Cruz Real Estate Agent?</title>
            <description> <![CDATA[ 
For some frustrated sellers, the answer to &ldquo;Why isnt my home selling?&rdquo; is &ldquo;Its the agents fault!&rdquo;&nbsp; If your immediate instinct is to drop your Santa Cruz real estate agent for a new one, you might want to take a deep breath and consider the following:

1.&nbsp;Do you think agents are like lottery tickets?&nbsp; Going through Santa Cruz real estate agents as fast as scratch-off lottery tickets isnt going to get your home sold faster.&nbsp; In fact, it usually slows down the process.

2.&nbsp;Is your home priced correctly?&nbsp; Thats probably the number one difference between homes that sell fast and homes that sit on the market.&nbsp; A poorly priced home could be your agents fault.&nbsp; Then again, you could be partially to blame.&nbsp; Did you insist on a specific price even though your agent strongly recommended a lower price?&nbsp; Did you refuse to lower the price when your agent suggested lowering it?&nbsp; If youre inflexible about price, switching agents will not help.&nbsp; 

3.&nbsp;Did you make the home improvements recommended by your agent?&nbsp; If your agent suggested you paint, clean carpets, reduce clutter or complete any other inexpensive, easy-to-accomplish task, and you didnt do it, youre greatly reducing your opportunity to get your home sold.&nbsp; You chose to work with your agent because he is a knowledgeable professional.&nbsp; Take his advice and get those home improvement tasks done now.

4.&nbsp;Has your listing agreement expired?&nbsp; If your listing contract has expired, this is the perfect time to consider switching agents.&nbsp; Go back to the start, identify 3 new agents and interview the agents.&nbsp; If you find one that fits your needs better than your current agent, let your agent know you wont be renewing your contract.

5.&nbsp;Did your agent market your home?&nbsp; If your agent has not done all the marketing he promised, point this out and ask him when hell get the marketing in place.&nbsp; Follow up to be sure its done on time and professionally.&nbsp; If he still doesnt market your home like he said he would, it may be time to switch agents.&nbsp; 

6.&nbsp;Are you being impatient?&nbsp; If you made all the home improvements recommended by your agent, your home is properly priced, and all marketing tasks are completed, you may just need to have a little patience.&nbsp; This is a slow real estate market.&nbsp; That means your home isnt going to sell overnight.&nbsp; Ask your agent the average number of days it takes a home to sell in your area, then wait that length of time before thinking about changing agents.

Dont replace your agent just because you dont know what else to do.&nbsp; Youll be wasting time and effort.&nbsp; Instead, work with your agent to determine what else can be done to get your home sold.

If you decide to search for a new Santa Cruz real estate agent, Id be honored if youd allow me to interview for the job.&nbsp; Call me at 831.662.6522 or email me at Lauren@LaurenSpencer.com to schedule an interview. For additional information please visit my website at www.MySantaCruzRealEstate.com.

Links:

Home improvements&nbsp;Listing agreement

Interview the agents
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            <pubDate>Thu, 24 Feb 2011 23:01:00 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/national-and-santa-cruz-real-estate-news-roundup-for-december-2010.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/national-and-santa-cruz-real-estate-news-roundup-for-december-2010.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>National and Santa Cruz  Real Estate News Roundup for December, 2010</title>
            <description> <![CDATA[ 
Frequently, there are news stories that impact our Santa Cruz&nbsp; real estate market.&nbsp; Here are two I want to share with you this month:

Rising Interest Rates Could Get Buyers Moving 

Rising interest rates may finally push Santa Cruz&nbsp; real estate buyers off the fence and into the market.

In December, after President Obama agreed to extend tax cuts for two years, the financial markets&nbsp; indicated this event would most likely push mortgage interest rates higher.

Analysts predict that buyers will move quickly when it looks like rates are going up and are unlikely to come down. &quot;Once people see this might actually be the bottom, theyll go for it,&quot; says Paul Dales, U.S. economist at Capital Economics Ltd.

For an example of interest rate increases, note what happened in December, 2010.&nbsp;&nbsp; &bull;&nbsp;On December 2, the 30-year fixed interest rate hovered around 4.46 percent.&bull;&nbsp;One week later, on December 9, it was up to 4.61 percent.&bull;&nbsp;When I checked on December 26, the 30-year fixed interest rate was up again to 4.875 percent. 

National Foreclosure Rates Fall

Has the real estate market hit bottom?&nbsp; One sign that it has is RealtyTracs report that foreclosures fell sharply in November.&nbsp; RealtyTracs November, 2010, U.S. Foreclosure Market Report&trade; indicated a 21 percent decrease in foreclosure activity from the previous month and a 14 percent decrease from November, 2009.

According to RealtyTrac, a mortgage research firm, foreclosure activity decreased dramatically in November with fewer than 300,000 properties receiving a foreclosure notice for the first time since February, 2009.

While foreclosures typically decrease in November, and were sure to see a rebound in foreclosure activity, these statistics are not to be dismissed because they show the lowest level of foreclosure activity since November, 2008.&nbsp; Additionally, both the 21 percent month-over-month decrease and 14 percent year-over-year decrease in foreclosure activity were the highest drops recorded since RealtyTrac began publishing the U.S. Foreclosure Report in January, 2005.

Want to know more about the Santa Cruz&nbsp; real estate market?&nbsp; Give me a call at&nbsp;831.662.6522 or email me at&nbsp;Lauren@LaurenSpencer.com to discuss our real estate market.&nbsp; I look forward to hearing from you.

For additional information visit my website at www.MySantaCruzRealEstate.com

Links:

Paul Dales, U.S. economist at Capital Economics Ltd&nbsp;

RealtyTrac

Lowest level of foreclosure activity since November 2008

&nbsp;
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            <pubDate>Mon, 24 Jan 2011 23:01:00 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/market-trend-report.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/market-trend-report.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Market Trend Report</title>
            <description> <![CDATA[ 
&nbsp;&nbsp;

Click here to get up-to-date information on local real estate market trends &amp; conditions
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            <pubDate>Wed, 10 Nov 2010 23:01:00 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/national-and-santa-cruz-homes-for-sale-economists-predict-housing-shortage.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/national-and-santa-cruz-homes-for-sale-economists-predict-housing-shortage.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>National and Santa Cruz Homes for Sale – Economists Predict Housing Shortage</title>
            <description> <![CDATA[ 
As a real estate agent for Santa Cruz homes for sale, part of my job is keeping up with current real estate news. Most of the time, Im largely unsurprised by the news that comes across my desk, but this little tidbit blew me away.

For two years now, weve seen mass foreclosures, people walking away from their underwater mortgages and warnings that theres more to come. Foreclosure numbers reached all time highs, housing prices have reached all time lows and half the country is unemployed. Its enough to make a homeowner with one of the Santa Cruz homes for sale have a mental breakdown.

However, in February, the news went out, flooring most in the real estate industry: severe shortage of property predicted by the middle of 2011. This may sound unbelievable.&nbsp; (It was a hard one for me to swallow.)&nbsp; But, the construction industry has also been hard hit by the economic downturn, which means that fewer homes are being built. Combine fewer homes being built with population expansion and suddenly theres a housing shortage.

Good News for HomeownersIn a recession, people have a tendency to live together because its cheaper. College students continue to live with their parents, divorce rates go down and more people share homes. However, we currently have over 300 million people living in the U.S. and were down to less than seven months inventory. 

This is great news for homeowners trying to sell their homes  or even homeowners who just need more equity - although the repercussions may take awhile to spread. 

In several high population areas and college towns, the demand for housing is on the rise. As weve talked about before, this brings in the age-old laws of supply and demand. The lower the supply and the higher the demand, the higher prices rise. The more value a home has in price, the higher the equity.

So, for those who have Santa Cruz homes for sale, take heart! A housing shortage may be hard to believe right now, but, if what the economists say is true, its on its way. Stay on your toes, make sure all your ducks are in a row and prepare for the rush on home sales.

If youre trying to sell your home, or are looking for a great home to buy, I can help. Call me at 831.662.6522 or email me at Lauren@LaurenSpencer.com for more information.

Links:

Foreclosure numbers reached all time highs

Severe shortage of property predicted by the middle of 2011

Demand for housing is on the rise

&nbsp;
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            <pubDate>Thu, 18 Mar 2010 23:01:00 -0700</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/santa-cruz-home-for-sale-are-you-obsessing.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/santa-cruz-home-for-sale-are-you-obsessing.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Santa Cruz Home for Sale – Are You Obsessing?</title>
            <description> <![CDATA[ 
&nbsp;The national real estate market, state markets and city markets all seemed to be wrapped up in a nifty bundle that effect whether your Santa Cruz home for sale will have a buyer. With the news reports over the last two years about the pop of the housing bubble, homeowners everywhere essentially lost their minds.

Here are a few examples:

&bull;&nbsp;Some homeowners panicked and immediately put their houses up for sale&bull;&nbsp;Some homeowners chose to walk away from it all, leaving their homes vacant and mortgages in default&bull;&nbsp;Some homeowners went into a flurry of home renovations, with the idea of selling&bull;&nbsp;National and Santa Cruz home for sale listings shot through the roof

The amazing thing isnt that the real estate market seems to be stabilizing  thats not the miracle. The miracle is that we still even have a real estate market at all.

Obsessing Over the SaleThis year opened up with a lot of homes on the market, but it also opened with a lot of sellers digging into real estate news. Theyve started obsessing; theyve started pouring over online real estate digests, articles and blogs. In fact, the traffic for this site alone has jumped tremendously.

While its understandable that you, as the seller, want to know what your chances are for selling your home, obsessing is bad for business. Especially if youre dealing with potential buyers in person, your eagerness to sell can show in very bad ways. You might end up selling the home for way less than you could have - or you might not sell your home at all if they sense desperation.

If youre obsessing over whether your home will sell or not, stop. Take a deep breath. Relax. Even if youre in a hurry, taking a short break from worry can help clear your mind and leave it open for better ideas.

It may be hard to remember sometimes, and giving trust is always difficult, but thats what were here for. You hired your real estate agent to take care of your Santa Cruz home for sale and get it off the market. We do the research on the market and we have the experience.&nbsp; In other words, we do the worrying for you!

If youd like to sell your home, I can help. Call me at&nbsp;831.662.6522 or email me at&nbsp;Lauren@LaurenSpencer.com for more information.

Homeowners chose to walk away

A lot of homes on the market

Taking a short break from worry
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            <pubDate>Thu, 04 Mar 2010 23:01:00 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/a-sellers-market.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/a-sellers-market.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>A Seller's Market?</title>
            <description> <![CDATA[ 
A Sellers Market? Hard to believe, but many homes drawing multiple offers again as listing shortages continue

My how things have changed in just one year! A year ago at this time, many homes were languishing on the market as buyers stayed on the sidelines, worrying about their jobs, the sharp decline in their 401k accounts, and whether housing prices would ever rise again. Today, many of those buyers have swallowed their fears and are out in force once again, spurred by an improving economy, a solid recovery in the financial markets, and federal home buyer tax credits that will expire this spring.

While no one claims the housing market is out of the woods yet, an unusual dynamic is occurring in many communities around the Bay Area:&nbsp; Despite the choppy housing market, there is an army of confident, well-qualified buyers out searching for homes, but many sellers are now sitting on the sidelines! One listing in San Franciscos Outer Mission neighborhood priced in the mid-$500,000 drew more than 100 groups during a two hour open house during the past holiday weekend.

Inventory shortages continue to be the challenge in many areas.&nbsp; In Santa Clara County and the East Bay, for example, the number of homes for sale is standing at half of what it was a year ago! This has resulted in as many as half of the listings on the market attracting multiple offers as buyers fight it out for the best properties.

This conundrum has resulted in prices rising even as sales are falling.&nbsp; DataQuick, the La Jolla-based research firm, reported that the median sale price of homes and condos in the Bay Area shot up almost 17 percent year over year in January while sales dipped 4 percent. The biggest jump in the median price was 18.3 percent in San Mateo, but all counties (except Napa) saw strong increases.&nbsp; (see chart below) The upper end of the market is particularly sensitive to this trend, as illustrated by Santa Clara County, which saw sales of million-dollar homes half of what they were a year ago even as prices rose 4 percent, according to Coldwell Banker Residential Brokerages luxury market report.

Santa Cruz County: There are many multiple offers on homes under $700,000 and REO properties and short sales. REOs and short sales continue to have a very strong influence in sales, pricing, and overall market activity.&nbsp; There seems to be a lot of anxious buyers waiting on the sidelines for the right property to appear.&nbsp; Buyers seem to acknowledge with some positive economic news that it is an optimum time to purchase  maybe the most optimal time ever.&nbsp; Inventory still continues to be an issue, although as we move toward spring and warmer weather we are seeing more homes coming on the market.

If youre looking for a great deal on an even better home, let me negotiate for you. Call me at 831.662.6522 or email me at Lauren@LaurenSpecer.com for more information.
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            <pubDate>Thu, 25 Feb 2010 23:01:00 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/days-of-inventory.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/days-of-inventory.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Days of Inventory</title>
            <description> <![CDATA[  ]]> </description>
            <pubDate>Thu, 04 Feb 2010 14:38:46 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/market-trend-report-for-december-2009.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/market-trend-report-for-december-2009.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Market Trend Report for December 2009</title>
            <description> <![CDATA[ 

&nbsp;Trends At a Glance

Dec 2009

Previous Month

Year-over Year

Median&nbsp;Price

$560,000

$550,000&nbsp;(+1.8%)

$450,000&nbsp;(+24.4%)

Average&nbsp;Price

$607,159

$626,278&nbsp;(-3.1%)

$527,657&nbsp;(+15.1%)

No.&nbsp;of&nbsp;Sales

144

141&nbsp;(+2.1%)

117&nbsp;(+23.1%)

Pending Properties

221

286&nbsp;(-22.7%)

154&nbsp;(+43.5%)

Active

467

553&nbsp;(-15.6%)

974&nbsp;(-52.1%)

Sale&nbsp;vs.&nbsp;List&nbsp;Price

98.1%

97.4%&nbsp;(+0.7%)

96.3%&nbsp;(+1.9%)

Days&nbsp;on&nbsp;Market

78

83&nbsp;(-6.0%)

74&nbsp;(+4.6%)

&nbsp; 

Median Home Price Ends Year at Highest Level Since August 2008



The median price of single-family, re-sale homes in Santa Cruz County reached $560,000 in December, a gain of 24.4% compared to December 2008.Home sales were up 23.1% year-over-year.We expect sales to be strong through the Spring selling season because of the extension, and expansion, of the first-time home buyers tax credit of $8,000 for buying a principal residence. First-time buyer is a buyer who has not owned a principal residence in the three-year period prior to the purchase. There are some income limits. For full information, see: http://federalhousingtaxcredit.com.In addition, the tax credit was expanded to include move-up buyers. The tax credit for move-up buyers is $6,500.&nbsp; A move-up buyer is a person who has owned and resided in the same home for at least five consecutive years of the eight years prior to the purchase date. Again, for full info, see the web site cited above.P.S. The tax credit expires April 30th. You need to have a signed contract by then and close the sale within 60 days to qualify for the credit.

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            <pubDate>Thu, 04 Feb 2010 14:36:15 -0800</pubDate>
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            <guid>http://www.mysantacruzrealestate.com/blog/pending-home-sales-on-a-record-roll.html</guid>
            <link>http://www.mysantacruzrealestate.com/blog/pending-home-sales-on-a-record-roll.html</link>
            <author>lauren@laurenspencer.com (Lauren Spencer)</author>
            <title>Pending Home Sales on a Record Roll</title>
            <description> <![CDATA[ 
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1. &nbsp;The index is at the highest level since June 2007 when it was 100.7.

Lawrence Yun, NAR chief economist, said the housing market momentum has clearly turned for the better. &nbsp;&ldquo;The recovery is broad-based across many parts of the country. &nbsp;Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit,&rdquo; he said.

&ldquo;Other buyers are taking advantage of low home values before prices turn higher. &nbsp;Nationally, the typical mortgage payment now takes less than 25 percent of a middle-income familys monthly income to buy a median priced home, with payment percentages so far in 2009 being the lowest on record dating back to 1970. &nbsp;As long as home buyers stay within their budget, mortgage payments will be very manageable,&rdquo; Yun said.

NAR estimates that about 1.8 to 2.0 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. &nbsp;Buyers have little time to act because they must complete the transaction by November 30 to qualify for the credit. &nbsp;Unless extended, contracts signed but not completed by that date will not be eligible  it is taking approximately two months to complete home sales in the current market.

The Pending Home Sales Index in the Northeast declined 3.0 percent to 78.8 in July but is 4.7 percent higher than July 2008. &nbsp;In the Midwest the index slipped 2.0 percent to 88.1 but is 8.1 percent above a year ago. &nbsp;In the South, pending home sales activity rose 3.1 percent to an index of 103.8 in July and is 12.0 percent above July 2008. &nbsp;In the West the index jumped 12.1 percent to 112.5 and is 20.0 percent above a year ago.

NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth, said Congress needs to keep the momentum going. &nbsp;&ldquo;Even with a good recovery taking place, the market is not yet back to normal. &nbsp;With a gradual absorption of inventory, we are on the cusp of a general stabilization in home prices,&rdquo; he said.

&ldquo;To ensure that housing has a broad stimulus to the overall economy and stays on sound footing, were encouraging Congress to extend the tax credit into 2010, and to expand it to all buyers of primary residences. &nbsp;The faster we stabilize home prices, the fewer families will face foreclosure and the quicker credit can be extended to other sectors of the economy,&rdquo; McMillan said.

NARs Housing Affordability Index stood at 158.5 in July, below the peak set in April but is still 36.0 percentage points higher than a year ago. &nbsp;The HAI is a broad measure of housing affordability using consistent values and assumptions over time, which examines the relationship between home prices, mortgage interest rates and family income.









Yun expects existing-home sales to rise through the fourth quarter. &nbsp;&ldquo;Unless the tax credit is extended, no one should be surprised to see home sales drop in the first quarter of next year,&rdquo; he said. &nbsp;&ldquo;However, the fundamentals of the housing market and the economy are trending up, and we expect home sales to generally pick up in the second quarter of 2010. &nbsp;The buyer psychology may be shifting from, &lsquo;Why buy now when I can purchase later, to &lsquo;I dont want to miss out on a recovery.&rdquo;



Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1. &nbsp;The index is at the highest level since June 2007 when it was 100.7.

Lawrence Yun, NAR chief economist, said the housing market momentum has clearly turned for the better. &nbsp;&ldquo;The recovery is broad-based across many parts of the country. &nbsp;Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit,&rdquo; he said.

&ldquo;Other buyers are taking advantage of low home values before prices turn higher. &nbsp;Nationally, the typical mortgage payment now takes less than 25 percent of a middle-income familys monthly income to buy a median priced home, with payment percentages so far in 2009 being the lowest on record dating back to 1970. &nbsp;As long as home buyers stay within their budget, mortgage payments will be very manageable,&rdquo; Yun said.

NAR estimates that about 1.8 to 2.0 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. &nbsp;Buyers have little time to act because they must complete the transaction by November 30 to qualify for the credit. &nbsp;Unless extended, contracts signed but not completed by that date will not be eligible  it is taking approximately two months to complete home sales in the current market.

The Pending Home Sales Index in the Northeast declined 3.0 percent to 78.8 in July but is 4.7 percent higher than July 2008. &nbsp;In the Midwest the index slipped 2.0 percent to 88.1 but is 8.1 percent above a year ago. &nbsp;In the South, pending home sales activity rose 3.1 percent to an index of 103.8 in July and is 12.0 percent above July 2008. &nbsp;In the West the index jumped 12.1 percent to 112.5 and is 20.0 percent above a year ago.

NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth, said Congress needs to keep the momentum going. &nbsp;&ldquo;Even with a good recovery taking place, the market is not yet back to normal. &nbsp;With a gradual absorption of inventory, we are on the cusp of a general stabilization in home prices,&rdquo; he said.

&ldquo;To ensure that housing has a broad stimulus to the overall economy and stays on sound footing, were encouraging Congress to extend the tax credit into 2010, and to expand it to all buyers of primary residences. &nbsp;The faster we stabilize home prices, the fewer families will face foreclosure and the quicker credit can be extended to other sectors of the economy,&rdquo; McMillan said.

NARs Housing Affordability Index stood at 158.5 in July, below the peak set in April but is still 36.0 percentage points higher than a year ago. &nbsp;The HAI is a broad measure of housing affordability using consistent values and assumptions over time, which examines the relationship between home prices, mortgage interest rates and family income.

Yun expects existing-home sales to rise through the fourth quarter. &nbsp;&ldquo;Unless the tax credit is extended, no one should be surprised to see home sales drop in the first quarter of next year,&rdquo; he said. &nbsp;&ldquo;However, the fundamentals of the housing market and the economy are trending up, and we expect home sales to generally pick up in the second quarter of 2010. &nbsp;The buyer psychology may be shifting from, &lsquo;Why buy now when I can purchase later, to &lsquo;I dont want to miss out on a recovery.&rdquo;
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            <pubDate>Thu, 24 Sep 2009 12:34:10 -0700</pubDate>
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