I am so pleased to report to you all with news that is sure to bring a smile to your face....last week came to a close bearing great news from, the month of September. Existing home sales climbed 9.4% alone during September making a 5.57 million annual rate; a figure almost double to what the consensus had predicted. This brings relieving news after August slight drop after hitting a speed bump in progress. Possibly even better is the news that the inventory is down to 7.8 months, making it several steps closer to the desired 6 month housing market.
Just some quick points of interest
Next week brings some key points of interest as we look for answers in GDP, inflation, and housing. Toward
the ending of next week we should know the stats on the Q3 report which should indicate the expansion in the markets for this year.
Lets keep our fingers crossed for good news. Thank you to all and have a blessed week.
I've spoke several times on the great service Jack Leblond provides regularly regarding SEO (Search Engine Optimazation) for free!! SEO is something that is not learned overnight and certainly something I am not an expert on. However Mr. Leblond is a proven professional in this field. The best part is as I said earlier is all his information is free. Many people, in the pursuit of improving their web traffic, pay people to provide the same services. Below are some links to previous blogs I've done that include links to some of Jack's earlier posts.
- Ambassador Series: Learn blogging SEO from a master for free.
- More SEO Tips from a Master FOR FREE!!!
Recently Jack has posted new material on his blog at Agent Genius to which I have provided the links below.
- SEO Tip - Linking to Your Home Correctly
Please take a look at these links. I'm sure that you will find something that will prove useful in the progression of your business. Enjoy and have a great week!
News of the recession coming to an end has been getting more and more buzz these days as people talk about various improvements in the market. I would certainly agree myself that 2009 has shown a much more favorable outcome than that of previous years. However in reading some comments and other blogs I've noticed that there is a disbelief about the markets recovery. In the words of Steve Morris CEO of Exit Realty Corp, International, the "storm has passed." There are several reasons to why I would agree with this myself.
Here in San Antonio, we have seen some noticeable improvements within our markets here. I've blogged about these improvements numerous times and have provided those links below.
- "The Storm has Passed!!!" "An Active Rain Newbie Contest - Fall into Blogging as Fall Approaches".
- San Antonio, Central TX: Quick Market Updates for the Week
- Pending Home Sales and Affordability Making a Run for the Top!!!
- SURGE in Home Sales!!! ^ 9.6% in July!!
In looking at the markets this week progress can still be seen. Mortgage rates for 30 year fixed rates have remained below 5% for the third week in a row making the affordability for buyers optimal. Lets not forget the great condition this creates for investors as well. Real estate investment is a particular strong suit with Pleasant Realty, and if there is any questions you may have on this topic please feel free to contact the office at 210-829-5778 or e-mail micah@pleasantrealty.net for questions you might have.
Although mortgage application fell slightly last week 1.8%, re-financing rose during last week. According to the MBA (Mortgage Bankers Association), they are projecting existing home sales in 2010 to rise 11.2%. In addition new home sales are projected to soar 21% higher than 2009 levels. To put the cherry on top of the cake, the National Association of Realtors reported that the volume of existing home sales was down to 3.6 million from 4.3 million 12 months ago.
I'm comfortable in saying now that the market does appear to be wakening from its slumber, but that doesn't mean that I'm saying there isn't a long road of work and repair needing to be done. We are a long ways as a nation to coming out of this hole that we dug ourselves. It is going to take a group effort to bring it full swing. God bless to all and have a wonderful week!
We made it through another week!
Now more than ever we need to come together as a whole to make this right
"Experience is not what happens to you; it is what you do with what happens to you." ~ Aldous Huxley
Lets take our experience now and use it for the best. We have all been through quite a couple years to say the least, but we have come to far to start slowing down now. With that said it is time for us to rise together by picking each other up. I've been in this business for a while and am more than happy to take some time to see if I can help you out in any way. Recently my office has started a program named "Lessons from the Trenches." The concept is simple, realtors who have been around the block a few times are asked questions about troubling issues and the "masters" provide the answers. These problems can be anything that realtors are struggling with today and how they can attack the problem to resolve it. For more information please e-mail Micah at micah@pleasantrealty.net
Have a great weekend!
San Antonio has seen some great improvements over the year as a whole compared to the drastic fluctuations seen prior. Although August did see a slight slip in the market, the great progress made should not be forgotten. Leaders in the industry such as Steve Morris are calling the "storm" to be over and the time to pick ourselves up is upon us.
So to give you a quick synopsis of the week things are getting back on track with improvements. After August the marketshowed some difficulty in continuing the upward trends, however last week alone it appears as if the market has jumped back on the tracks of success. Even in retail it is being reported that with the September sale stats coming in, it looks as if the consumer if pitching in to the recovery.
The ISM index climbed to 50.9 which hints at the growth for non-manufacturing division in our economy. Loan applications alone rose 13.2% just during last week. On top of it all a average 30 year fixed rate
loan is sitting at a very affordable 4.89% Be on the watch at the end of this week to hear about consumer participation as well as that wonderful word inflation as the week comes to a close. It looks like we are making our way up, but it will take a group effort to accomplish this.
Thank you to all and have a great week.
Our goal at EXIT PLEASANT REALTY is to serve the greater San Antonio region with the highest quality of services in real estate transactions, real estate investing, and property management.
Here at EXIT we take pride in the care of our clients and the quality of service provided to them. Whether you are a first time home buyer, or just looking for another place to call home, EXIT is dedicated to finding the right place for you. As a team we are driven as a whole to be the premier REO brokerage in the SW region. To be the best real estate EXIT broker franchise in the greater San Antonio, Texas. To have a marketing division that caters to the military, including wounded warriors. To build property management services that give added value, service, and financial analysis to both owners and tenants. To have the most productive real estate agents that are thoroughly trained and competent to do transactions. To further build a commercial division thoroughly capable of working all commercial opportunities. To specialize in doing real estate investor deals from start to finish. In short, be the best!
Here at EXIT Pleasant Realty, we offer a multitude of
services ranging from conducting real estate transactions, property management,
and real estate investment. In addition Pleasant Realty also provides a
mortgage service to our clients to save them time and effort by cutting out the
middle man.
So why take a look at EXIT Pleasant Realty? Our number one concern is the
satisfaction of our clients by maintaining an exemplary level of service. When a client comes to us to sell their property, we take the task head on and immediately begin marketing your property on multiple listing services that bring leads quick by using our web presence. In our opinion listing in the paper is no longer as effective. With everything turning to the internet, our belief for getting leads and quick sales is through maintaining a strong web presence and internet marketing campaigns.
Currently we have 18 realtors to best serve your needs. In order to assure our clients their satisfaction in their real
estate transaction, our realtors stay up to date with the movements of the
market. At Pleasant Realty we are also driven by a high standard of
discipline and determination to assure our clients their well-being.
EXIT Pleasant Realty's Property Management is a separate division in
Pleasant Realty that is reaching out to the communities with great success. In particular Pleasant Property Management specializes in town homes, small apartments, and single-family homes. Our goal is to maximize your income as a property owner allowing your investments to flourish without having the headaches of managing a property. Your time and how you spend it is vitally crucial to your success. Visit the link above to further see how we may assist you in offering you trustworthy service, allowing you to move on with the more important elements of your day.
Interested in real estate investment? EXIT Pleasant Realty also has seasoned professionals to better assist you at all levels of investment. Whether you are just starting out, or looking to further your real estate investments, clink on the link to view more information on our investment services.
Do you have any good testimonials that clients have provided you in the past? Be sure to add them here.
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