Top graph: blue line with recovery plan, red line without recovery plan, green actual unemployment
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The opinions expressed here are solely those of Fritz Pfister or identified sources, and not necessarily those of RE/MAX Professionals of Springfield or RE/MAX International.
At the beginning of August I shared with you that sales would be ho hum until around Labor Day when we would see a bump in sales activity. How could that prediction be made, because as a student of this market, history told me so. As a result of that bump in sales pending in September [...]
It was another good news bad news week. The good news is that the local real estate market is as hot as it has been in almost two years. Closed home sales are nearly even with 2008 year to date, sales pending are running 21% ahead of last year on this date, prices remain affordable, [...]
A lot of hub bub was created this week when Barack Obama decided to go to Denmark to lobby for Chicago to host the Olympics. Spokesman Gibbs when asked why the president would leave when Health Care legislation was close, responded; the president believes health care is in much better shape now. Really? Rasmussen reports [...]
Attention first time home buyers. You have 20 days to get yourself pre-approved for a home loan, hire a buyer agent, find the right home, and secure that home with a purchase contract, if you want to benefit from the first time home buyer tax credit of up to $8,000.
Any buyer entering a purchase contract [...]
Picture if you will that you’re on a roller coaster. You’re at the top and down you go to the bottom and then rise up to another peak, and are now riding on a level stretch heading toward a sharp turn. That’s the Springfield housing market in 2009. January through May we experienced a decline in [...]
