Home sales still sizzling

Home sales still sizzling | TheNewsTribune.com | Tacoma, WA: "It might be fall, but the home market is still red hot.
Pierce County's skyrocketing home prices showed no sign of slowdown in September, as the median selling price for a single-family home or condo hit $245,000, an all-time high.
That's up 19.5 percent from a year ago.
The median price is the midpoint of all homes sold in the month, with half higher and half lower."
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Will local home sales stay steady?

ABC12.com: Will local home sales stay steady?: "New home sales are expected to hold steady across the United States in the near term despite slowly rising interest rates.
How will all of this impact the 20th Annual Fall Parade of Homes that opens Saturday in the Flint area?
According to the Metro Flint Builders Association, Genesee County is the only county in the region running ahead of last year in new builds"
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Seller's Paradise: When Your Area Has Few Homes For Sale

: "The other day, David Lereah was surprised by a letter he received from someone eagerly seeking to buy a home in his neighborhood. 'I've been looking for nine months, but homes are in very short supply. Please call if you plan to sell,' read the letter to Lereah, chief economist for the Mortgage Bankers Association of America.
It's rare for a prospective buyer to write letters in search of a seller. Thus Lereah found the correspondence an intriguing indication of what statistics are already telling him: In many communities buyers now far outnumber sellers"
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When Husband and Wife Can't Agree on Home to Purchase

: "The executive secretary was sobbing when she called her real estate agent to break the news: 'My husband won't buy that house I love.' The couple's agent, Joanne Stoltz, was not surprised to learn that the duo had failed to agree on the purchase. The property was an attractive contemporary, featuring a floor-to-ceiling stone fireplace, high-beam ceilings and a central location near the two spouses' job sites. But the home's price tag frightened the husband."
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