ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 08/30/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL –  08/30/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL –  08/30/2011 list has  been posted.

http://bhammls.net/BAARReports/ListitLib/show_report.aspx?ID=7016439952

These  are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are  ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

Pending homes sales in July fell month-to-month for the first-time  since April, but rose substantially compared to the same month a year  ago, according to   a report by the National Association of Realtors.

The trade group’s Pending Home Sales Index  rose 14.4 percent year-over-year in July, to 89.7. That’s a 1.3 percent  dip compared to June’s index. The index tracks signed, but not closed,  purchase contracts for  resale homes. An index of 100 indicates the average contract activity in  the index’s 2001 base year, which was a record year for existing-home  sales.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

“Looking  at pending home sales over a longer span, contract activity over the  past three months is fairly comparable to the first three months of the  year, and well above the low seen in April,” said Lawrence Yun, NAR’s chief economist, in a statement.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Yun  said that “rising rents, record high affordability conditions and  investors buying real estate as a future inflation hedge” bode well for  real estate, though “It is now a question of lending standards and  consumers having the necessary confidence to enter the market.”

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN YOUR AREA

Meanwhile, Sales of new homes fell for the third straight month in July, and estimates for April, May, and June were revised down, fueling fears that this year will be the worst on record. Sales declined 0.7 percent from June, registering an annual rate of 298,000, according to data released by the U.S. Census and the Department of Housing and Urban Development. While new-home sales improved 6.8 percent on an annual basis, that number is skewed by the market upheaval caused in July 2010 by the expiration of the homebuyer tax credit.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 08/30/2011
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s