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Real Estate Report Sees Home Prices Rise, Sales Increase

 

Real estate seems to be on the upswing in Coconut Creek

When examining Coconut Creek real estate and real estate across the country, positive signs are appearing.  The Clear Capital Report sees home prices rise across the country when analyzing quarterly results.  The report sees home value gains in all regions of the country, averaging out to 5%, with the Midwest gaining the most at 11.2%.  The Southern region had a gain of 5.3%, positive news for Florida and Coconut Creek.  The real estate improvements are linked with summer being a buying season, increased investment opportunity and the previous large drop in home values.

The second quarter of 2009 followed a period of extremely low real estate activity, couple that with tax incentives, low mortgage rates and reduced home values, and the evidence of a true buyers market became omnipresent.  Acquiring a mortgage is probably still the most difficult part of the home buying process but money is starting to loosen.  Increased sales volume indicates an improvement in the real estate sector, a welcome sign for a beleaguered economy.  Looking at national reports is all well and good but if you are interested in a specific area it is a good idea to find a local real estate expert.  If you are interested in looking at real estate in Coconut Creek call Silva Stoyanova today.

For a complete look at the Clear Capital report click here.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.



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Posted on August 19, 2009 23:12:40 by Real Estate Blog Author   silva.stoyanova - View Profile Real Estate Blog Categories   Posted in Area Information

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