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Diana Miller

RSPS
Galveston Home Team
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Pending Sales DOWN 18.6%

August 7th, 2010


The National Association of Realtors reports that PENDING homes sales for June are down 18.6% from the previous year with SALES down 5.1%. June was the first month where contracts no longer qualified for the federal tax credit. And while contracts are down, buyers are not seeing substantial price reductions in the Fort Bend and Houston areas. Instead, many homeowners are staying put. That means buyers have fewer choices and less opportunity to take advantage of the incredibly low interest rates. For sellers, our FULL SERVICE reduced listing fees can allow you to price your home more competively.


Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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I serve on the Texas and National Assoc of Realtors Land Use Committees. I advocate for homeowners in my professional and personal life every day. I have been active in community development issues because I care about your home ownership and communy
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