Coldwell Banker Prime Properties - Blog

The Real Estate “Temperature” is Rising...

mark.phoenix@coldwellbankerprime.com — Mon, 10 Jun 2013 00:00:00 GMT

...And the temperature isn’t the only thing on the rise this month.

Rising pending sales, average appreciation, and, yes, mortgage interest rates.

Check out the rising tide of the real estate market found in this month’s Coldwell Banker Prime Properties Market Snap Shot for June 2013 for all the details you need to know!

Home sales continue to climb...Great News for our Sellers and our Buyers...

jil.denn@coldwellbankerprime.com — Wed, 29 May 2013 00:00:00 GMT

Article from Linked In

The National Association of Realtors reported home sales edged up 0.6% to an annual pace of just under 5 million homes. Compared to a year ago, the pace of sales was up nearly 10%.

The pace of sales would have exceeded that level were it not for tight credit and insufficient houses for sale to meet rising demand, the group said.

"Without these frictions, existing-home sales easily would be well above the 5-million unit pace," said Lawrence Yun, the Realtors' chief economist. He said that customer traffic is up 31% compared to a year ago, showing greater demand than actual sales.

The recovery in the housing market so far this year has been a major driver of overall economic growth, lifting not just the pace of home building but also retail sales. Near record low mortgage rates coupled with improving unemployment, a drop in foreclosures and a tight supply of homes for sale have all combined to lift home prices.

Inspirational Words for the day for everyone's LIFE!

jil.denn@coldwellbankerprime.com — Wed, 29 May 2013 00:00:00 GMT

The real secret to attracting success is to work hard, work smart and work inspired!

People who are inspired by their PURPOSE...

by their VALUES...

by their BELIEFS...

by their GOALS...

and by their COMMITMENT ...

Become an attractive magnetic person and pull success toward them

Memorial Day 2013-Wishing you a safe and enjoyable Holiday weekend!

jil.denn@coldwellbankerprime.com — Fri, 24 May 2013 00:00:00 GMT

Memorial Day is a United States federal holiday which occurs every year on the final Monday of May. Memorial Day is a day of remembering the men and women who died while serving in the United States Armed Forces. Formerly known as Decoration Day, it originated after the American Civil War to commemorate the Union and Confederate soldiers who died in the Civil War. By the 20th century Memorial Day had been extended to honor all Americans who have died while in the military service. It typically marks the start of the summer vacation season, while Labor Day marks its end.

Many people visit cemeteries and memorials, particularly to honor those who have died in military service. Many volunteers place an American flag on each grave in national cemeteries.

Memorial Day is not to be confused with Veterans Day; Memorial Day is a day of remembering the men and women who died while serving, while Veterans Day celebrates the service of all U.S. military veterans, living or dead.