Vacation Home Sales Rise In 2011

with equities trading still below levels seen from 2007-2011. Trading volumes could expand further if more Israeli companies list shares in their home market, instead of opting to head for London or New York. Funds raised through Tel Aviv share sales have The average year-to-date sale price is $121,829, up 2.9 percent over last year. Pending homes sales for the month were 775, nearly 13 percent higher than last year with an average sale price of $119,905, a 3.7 percent increase over the same period last year. House sales in Greater Hartford rose for the second month in a row in August but they have not played a significant factor in encouraging more home purchases. “Affordability conditions this year have been the most favorable on record dating back But now, the cash buyer has become a major player in Southern California’s most expensive communities, where cash deals account for as much as two-thirds of home sales. The trend is are counting on home prices to rise, they should also be prepared From a recent Realtor Magazine article, the ten states in the U.S. with the highest foreclosure rates in 2011 were ranked The warm climates attracted many second-home and vacation-home buyers with new construction, high value appreciation, and Broward County home sales and prices rose for a second consecutive month in March, the Florida Realtors said Wednesday. Sales of existing homes increased 8 percent last month to 1,169 from a year earlier, while the median price inched up 8 percent to $ .

Eighty percent of metro areas have experienced YTD increase in new home sales compared to 2011 with Montgomery (up 18%) posting the best results followed by Birmingham (15%), Tuscaloosa (12%) and Huntsville (1%). YTD new home sales have declined in Mobile Home prices in Southern California New home sales in the region were up 26% year-over-year, but overall sales, including resale homes and condominiums, were down a slight 1.5%. Absentee buyers, mostly investors and vacation-home buyers, bought 24.5% Barkett said sales and prices of these other transactions will be factored in for each month of 2010 so that the 2011 comparisons will be accurate. Some real estate agents questioned the 22-percent annual increase in Broward’s February median home price Low prices for starter homes spurred some bargain hunting among home shoppers in Southern California last month, sending sales slightly higher. November sales rose 0.3% from October and 4.2% from November 2010 with 16,884 homes bought across the region .

Another Picture of vacation home sales rise in 2011:

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