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Existing Home Sales Rise in April

by Melanie Cameron, The Cameron Team

According to the National Association of Realtors, home sales rose in April with strong buyer activity in the lower price ranges of homes.

According to NAR chief economist, Lawrence Yun, first time home buyers remain a heavy influence on the market but that there is also a seasonal rise of repeat buyers as we head into the summer months.   Sales on mid-price ranged homes are picking up but the high end market still remains sluggish with continued issues with the "jumbo mortage" loans.

Check out more about this  article at: http://www.realtor.org/press_room/news_releases/2009/05/ehs_rise

Please call or email me if you have any comments or questions.  I can be reached at 910-233-2840 or melaniecameron@seacoastrealty.com

 

FHA and the $8000 tax credit

by Melanie Cameron, The Cameron Team

There has recently been talks about FHA allowing the $8000 tax credit to be used as a downpayment.  This is not set in stone as of yet but a GREAT idea that will spur a lot of interest in the first time home buyer market.  To learn more check out this site:

http://www.mortgagebankers.org/tools/FullStory.aspx?ArticleId=4377#full

 Any questions or comments, call me at 910-233-2840 or email at melaniecameron@seacoastrealty.com

Displaying blog entries 1-2 of 2

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The Cameron Team
Coldwell Banker Sea Coast Advantage
1001 Military Cutoff Suite 101
Wilmington NC 28405
Office: 910.202.2546
Toll Free: 800.522.9624
Fax: 910.202.2875

The Cameron Team - Wilmington North Carolina Real Estate

The Cameron Team
Coldwell Banker
Sea Coast Advantage
1001 Military Cutoff, Suite 101
Wilmington, NC  28405
Office: 910.202.2546

Toll Free: 800.522.9624
Fax: 910.202.2875

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