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Displaying blog entries 1-5 of 5

New Listing

by The Barringer Team

Check out our New Listing with everything re-done new carpet and paint beautiful tahoe blue pool. Only 249,000 Click on link below:

http://tracyhomes.com/ourlistings/314/listing.html

#1 Century21 company in the WORLD 2010 SMARTER. BOLDER. FASTER.
Century21 M&M and Associates
912 W 11th Street , Tracy CA 95376
Toll Free: 800-894-7282
DRE License #00959667

Pending Home Sales

by The Barringer Team

RISMEDIA, January 29, 2011—Pending home sales improved further in December 2010, marking the fifth gain in the past six months, according to the National Association of REALTORS®.

The Pending Home Sales Index, a forward-looking indicator, increased 2.0% to 93.7 based on contracts signed in December from a downwardly revised 91.9 in November. The index is 4.2% below the 97.8 mark in December 2009. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Lawrence Yun, NAR chief economist, credits good affordability conditions and economic improvement. “Modest gains in the labor market and the improving economy are creating a more favorable backdrop for buyers, allowing them to take advantage of excellent housing affordability conditions. Mortgage rates should rise only modestly in the months ahead, so we’ll continue to see a favorable environment for buyers with good credit,” he said.

“In the past two years, home buyers have been very successful, with super-low loan default rates, partly because of stable home prices during that time. That trend is likely to continue in 2011 as long as there is sufficient demand to absorb inventory,” Yun said. “The latest pending sales gain suggests activity is very close to a sustainable, healthy volume of a mid-five million total annual home sales. However, sales above six million, as occurred during the bubble years, is highly unlikely this year.”

The PHSI in the Northeast increased 1.8% to 73.9 in December but is 5.3% below December 2009. In the Midwest, the index rose 8.0% in December to 84.6 but is 5.1% below a year ago. Pending home sales in the South jumped 11.5% to an index of 101.9 and are 1.7% above December 2009. In the West, the index fell 13.2% to 105.8 and is 10.7% below a year ago.

For more information, visit Http://www.tracyhomes.com

RISMedia welcomes your questions and comments. Send your e-mail to: sales@tracyhomes.com

#1 Century21 company in the WORLD 2010 SMARTER. BOLDER. FASTER.
Century21 M&M and Associates
912 W 11th Street , Tracy CA 95376
Toll Free: 800-894-7282
DRE License #00959667

Room For the Tribe

by The Barringer Team

Check out this beautiful home that has enough room for that large family. It also shows like a model home and has a 3 car garage for dad in one of Tracy's Best Neighborhoods. Click on link below to view, then call or e-mail for your private showing.

http://tracyhomes.com/ourlistings/313/listing.html

#1 Century21 company in the WORLD 2010 SMARTER. BOLDER. FASTER.
Century21 M&M and Associates
912 W 11th Street , Tracy CA 95376
Toll Free: 800-894-7282
DRE License #00959667

January Podcast

by The Barringer Team

Check out our Podcast for the latest up-to date Market information. This month's edition covers Tracy real estate market activity and then we discuss the top lessons from 2010, and explain what buyers and sellers need to do to get the most out of 2011.

Features special guest Terri Murphy of US Learning.

 http://www.talkrealty.com/billbarringer

#1 Century21 company in the WORLD 2010 SMARTER. BOLDER. FASTER.
Century21 M&M and Associates
912 W 11th Street , Tracy CA 95376
Toll Free: 800-894-7282
DRE License #00959667

 

Child Safe Cul-de-sac

by The Barringer Team

Here is an excellent chance for a move up buyer or a 1st time investor to purchase this beautiful home located on a child-safe-cul-de-sac.

http://www.tracyrealestateexpert.com/property/2872-Meredith-Ct-Tracy-California

Displaying blog entries 1-5 of 5

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The Barringer Team
Century 21 M&M and Associates
912 W 11th Street
Tracy CA 95376
209-833-7777
800-984-7282
Fax: 209-229-7426
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DRE License #00959667