Existing Home Sales Jump

The National Association of Realtors reported today that existing home sales increased 4.7 percent to an annual rate of 5.55 million units.

This September home resale increase was more than expected and the second highest monthly sales pace since February 2007!

Personally because of seasonal factors I would expect housing prices to remain somewhat stagnant or actually soften the little from now through the next four or five months. So, for those of you who have been thinking about buying your first home, or perhaps buying a move-up home, from now through about March is usually the best time to purchase a home.

If our strong housing market continues, and I see no reason why it won’t, these next four or five months can be a real opportunity for those of you ready to take advantage of this traditional seasonal pattern. if you haven’t already now is the time to talk with the lender and get prequalified and start your housing search.

if you’re looking for a San Diego residential property, I provided totally free service where you don’t even have to enter any personal information, and yet you’ll have the capability of searching through the entire San Diego multiple listing service to find your I deal home.

Keep in mind, finding that ideal home is one thing, but negotiating the best possible price is entirely a different matter. If you select me, Bob Schwartz, San Diego real estate broker, to assist you, you’ll have the benefit of my three decades of residential real estate and negotiation expertise to ensure that you get the best possible deal.