Commercial Real Estate

Fox news reported from Washington AP, that U.S. homes sold faster in September this year than was reported at this time last year. Sales of existing homes it was reported by the National Association of Realtors rose 2.4 per cent in a month. This news was followed by the statement that this was the seasonally adjusted annual rate of 5.17 million. And the sales rate has dropped 1.7 percent over the past twelve months.

Wouldn’t it be nice, no wonderful, if the realtor you selected to sell your home worked strictly for you? No! How about the busiest realtor in town? Not necessarily. Okay, why not select your best friend who does real estate part time? Definitely not! I suspect by now you are getting the drift of my topic for today.

The National Association of Realtors (NAR) released the latest (10/02/2014) statistics on recent real estate activity in our nation. After ten years of internet intervention, web sites, gizmos and gadgets we discover the following.

Real Estate investors and the shopping public (you and I) are witnessing progress.

The latest unbelievable government absurdity complicating what would normally be a joyous time in Real Estate is the three day right of rescission. If you have recently purchased or sold a home with a mortgage involved you will understand this process. If you have not, don't!