INDUSTRY NEWS
Some recent positive signs for homebuyers and sellers:
- Existing-home sales rose 3.2 percent in September, a rebound that pointed to stabilization in the U.S. housing market.
- Sales of new, single-family homes rose 3.1 percent in September, according to the U.S. Department of Commerce.
- The National Association of Realtors reported that the Pending Home Sales Index grew 1.5 percent in September.
- Single-family housing starts, which account for the largest share of the residential housing market, jumped 8.1 percent in September to the highest level since February.
- The economy grew at a better-than-expected 2.9 percent in the third quarter, up from
1.4 percent growth in the second quarter.
CHARITABLE EFFORTS
The Weichert Family of Companies announced the start of its 38th Annual Weichert Toy Drive. Members of the community are invited to drop off new, unwrapped toys at each of the company’s sales offices now through December 9. The toys will be delivered throughout the holidays in conjunction with local charities that assist financially and physically disadvantaged children. Donations can be made at any Weichert, Realtors sales office.
NEW LISTING
Ask me about this house! Offered by the seller at $860,000 it’s a terrific home in a sought after neighborhood! Happy to talk to you or your Realtor about how you can take a look at the inside!