Tuesday, May 28, 2013

Homes Selling as Fast as They Did During Housing Boom

By CNBC   | Posted May 23rd 2013 1:00PM
Updated May 23rd 2013 1:58PM
By Diana Olick


















Strong demand and still limited supply mean homes are now selling nearly three times as fast as they normally would. The average number of days a listing stayed on the market in April was 46, down from 62 in March and down from the normal pace of 90-120 days, according to the National Association of Realtors.

"I have a seller, his house came on, he got a full-price offer, and he refused to take it because he wanted multiples. Really?" asked Jane Fairweather, a real estate agent in Montgomery County Maryland, a suburb of Washington, D.C. Fairweather said homes in her market are selling in an average of 23 days because inventories are way down and demand is strong. The number of listings in Montgomery County were down 41 percent in April from 2011. In April of 2011, one third of the listings went under contract. In April of this year, 67 percent went under contract.

Read more here:  http://realestate.aol.com/blog/2013/05/23/homes-selling-fast?ncid=edlinkusreal00000001&ts=1369430392

Wednesday, May 22, 2013

April Home Sales Set Record High

Central Ohio Housing Report - Apr. 2013
Posted: 5/22/2013
Columbus Board of REALTORS®
 
Click here for more information on the above listing in Highland Lakes
 
Central Ohio home sales last month (2,390) showed an increase of 30 percent in the market from one year ago (1,834). According to the Columbus Board of REALTORS®, April saw the highest number of home sales on record, followed by the 2,286 homes sold in April of 2004.

In addition to the increases in sales, home prices continue to rise also. While the average sale price has increased every month in 2013 from $149,477 in January to $163,084 in April, the average sale price year-to-date ($156,386) is up almost one and a half percent from 2012.

“Even with more homes being sold and sale prices up, the average time on the market continues to fall: down over 20 percent from a year ago”, said Chris Pedon, 2013 president of the Columbus Board of REALTORS®. “With such excellent market conditions, we’re seeing inventory move quickly.”

There were 3,965 new listings added to the market in April, up 8.9 percent from April of 2012. New listings also saw increases from one year ago, and have been rising every month this year.

“Central Ohio continues to see improvement in nearly every aspect of the market,” Pedon continued. “We have not seen the number of new listings this high in any month since April 2010.”  

Friday, May 10, 2013

8 Things Really Successful People Do

Kevin Daum, Inc.
May 9, 2013, 11:56 AM

Most people claim to want success. But not everyone is willing to do the hard work and the smart work to get there. Often opportunities present themselves and because people are distracted, they miss them or give up on them before things fully develop.

Truly successful people don't leave much to chance. They are disciplined and focused.  They constantly seek new methods to achieve more, in bigger and faster ways. Listed below are eight different practices that will help you concentrate your efforts on rising above the tide.

Read more: http://www.inc.com/kevin-daum/8-things-really-successful-people-do.html?nav=pop#ixzz2StgTxIqL