DataQuick finds increase in sales of high-end homes in 2010

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Lawrence Yun, chief economist of the National Association of Realtors in Washington, has a natural inclination to promote the health of the housing market, since NAR members depend on home sales to.

 · Sales of new U.S. homes unexpectedly rose in March to a 16-month high, with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that exceeded all estimates in Bloomberg’s survey, while February’s figure was revised down slightly, government data showed.

More than 28% of US homeowners underwater on their mortgage Less Than 10 Percent of Homeowners Are Underwater on Their Mortgages. Almost 4.5 million american homeowners still owe more on their mortgages than their homes are worth.-. United States.

The nine bay area counties making up the greater San Francisco Bay sold almost 8,000 homes of all types in October according to DataQuick, the real estate information service. This continues the 2012 trend that began in the first quarter. In addition, Bay area home sales have increased 16 months in a row.

Find Me A Luxury Home - Palm Springs - Episode 6 Bay Area Real Estate Sale prices increase significantly Over Last Year April home sales in the Bay Area declined slightly, as first-time homebuyers may have delayed purchases until May when the new state tax credits came into effect.

The year-over-year increase was the first since September 2010, when the $395,000 median was up 8.2 percent from $365,000 a year prior. The low point of the current real estate cycle was $290,000.

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Want to increase your sales dramatically? Then shift your sales focus from attracting new customers to enticing your proven customers to buy again. The best sales prospect is a prospect that’s already converted-in other words, one of your current customers.

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Andy LePage of DataQuick, for his thoughts. We’ve been stressing all along that the change in the mix of homes selling has impacted the median sale price (e.g. recently there have been fewer low-cost.

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Even in a market with rapidly rising home values, not all homes will be rising in price. Maybe homes on the outskirts of town are falling in value while most of the rest of the market is.

 · San Diego-based MDA DataQuick said in a report released Thursday that the increase was due to a dip in foreclosures and an increase in sales within high-end markets. The firm said the median for the nine-county Bay Area increased to $354,000 from $295,000 in February 2009.