PAGE  10  —  A  Special  Publication  of  The  Addison  Independent,  Monday,  July  9,  2012
7KLUW\ \HDU ¿[HG PRUWJDJH UDWHV DW DOO WLPH ORZ By  MARCY  GORDON WASHINGTON  (AP)  —  The  average  8 6 UDWH RQ WKH \HDU ¿[HG PRUWJDJH DV RI WKH ODVW ZHHN LQ -XQH VWD\HG DW WKH ORZHVW OHYHO RQ UHFRUG &KHDS PRUWJDJHV KDYH KHOSHG GULYH D PRGHVW KRXVLQJ UHFRYHU\ DQG FRXOG JLYH WKH EURDGHU HFRQRP\ D MROW DW D WLPH ZKHQ WKH MRE PDUNHW LV ZHDN 0RUWJDJH EX\HU )UHGGLH 0DF VD\V WKH DYHUDJH RQ WKH \HDU ORDQ ZDV SHUFHQW 7KDW¶V XQFKDQJHG IURP WKH SUHYLRXV ZHHN DQG WKH ORZHVW VLQFH ORQJ WHUP PRUWJDJHV EHJDQ LQ WKH V 7KH DYHUDJH UDWH RQ WKH \HDU PRUWJDJH D SRSXODU UH¿QDQFLQJ RSWLRQ VOLSSHG WR SHUFHQW 7KDW¶V GRZQ IURP SHUFHQW WKH ZHHN EHIRUH DQG PDWFKHV WKH UHFRUG ORZ SHUFHQW UHDFKHG WKUHH ZHHNV HDUOLHU 7KH UDWH RQ WKH \HDU ORDQ KDV EHHQ EHORZ SHUFHQW VLQFH 'HFHPEHU &KHDS PRUWJDJHV KDYH SURYLGHG D OLIW WR WKH ORQJ VXIIHULQJ KRXVLQJ PDUNHW 6DOHV RI QHZ DQG SUHYLRXVO\ RFFXSLHG KRPHV DUH XS IURP WKH VDPH WLPH ODVW \HDU +RPH SULFHV
DUH ULVLQJ LQ PRVW PDUNHWV ZHOO EHORZ KHDOWK\ $QG KRPHEXLOGHUV DUH The number of people OHYHOV 0DQ\ SHRSOH who signed contracts to DUH VWLOO KDYLQJ GLI¿FXOW\ VWDUWLQJ PRUH SURMHFWV 7KH QXPEHU RI SHRSOH buy previously occupied TXDOLI\LQJ IRU KRPH ORDQV ZKR VLJQHG FRQWUDFWV WR homes rose in May, RU FDQ¶W DIIRUG ODUJHU GRZQ EX\ SUHYLRXVO\ RFFXSLHG matching the fastest SD\PHQWV UHTXLUHG E\ KRPHV URVH LQ 0D\ EDQNV PDWFKLQJ WKH IDVWHVW SDFH pace in two years, the $QG WKH VOXJJLVK MRE LQ WZR \HDUV WKH 1DWLRQDO National Association PDUNHW FRXOG GHWHU VRPH $VVRFLDWLRQ RI 5HDOWRUV of Realtors reported ZRXOG EH EX\HUV IURP UHSRUWHG -XQH 7KDW June 27. That suggests PDNLQJ D SXUFKDVH WKLV \HDU VXJJHVWV $PHULFDQV DUH Americans are growing 7KH 8 6 HFRQRP\ FUHDWHG JURZLQJ PRUH FRQ¿GHQW LQ RQO\ MREV LQ 0D\ PRUH FRQÀGHQW LQ WKH WKH PDUNHW WKH IHZHVW LQ D \HDU 7KH /RZ UDWHV FRXOG DOVR market. XQHPSOR\PHQW UDWH URVH WR SURYLGH VRPH KHOS WR SHUFHQW LQ 0D\ XS IURP WKH HFRQRP\ LI PRUH SHUFHQW LQ $SULO SHRSOH UH¿QDQFH :KHQ SHRSOH UH¿QDQFH 0RUWJDJH UDWHV KDYH EHHQ GURSSLQJ DW ORZHU UDWHV WKH\ SD\ OHVV LQWHUHVW RQ EHFDXVH WKH\ WHQG WR WUDFN WKH \LHOG RQ WKH WKHLU ORDQV DQG KDYH PRUH PRQH\ WR VSHQG \HDU 7UHDVXU\ QRWH 8QFHUWDLQW\ DERXW 0DQ\ KRPHRZQHUV XVH WKH VDYLQJV RQ KRZ (XURSH ZLOO UHVROYH LWV GHEW FULVLV UHQRYDWLRQV IXUQLWXUH DSSOLDQFHV DQG RWKHU KDV OHG LQYHVWRUV WR EX\ PRUH 7UHDVXU\ LPSURYHPHQWV ZKLFK KHOS GULYH JURZWK VHFXULWLHV ZKLFK DUH FRQVLGHUHG VDIH 6WLOO WKH SDFH RI KRPH VDOHV UHPDLQV LQYHVWPHQWV $V GHPDQG IRU 7UHDVXULHV
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
9DULHW\ RI ¿[HG DGMXVWDEOH UDWHV GHWDLOHG $3 ² 7KH DYHUDJH 8 6 UDWH IRU D \HDU ¿[HG PRUWJDJH DV RI ZHHNV HDUOLHU -XQH VWD\HG DW WKH ORZHVW OHYHO RQ UHFRUG 7KH DYHUDJH UDWH RQ +HUH¶V D ORRN DW UDWHV IRU ¿[HG DQG DGMXVWDEOH PRUWJDJHV RYHU WKH \HDU ¿[HG PRUWJDJHV GHFOLQHG PDWFKLQJ WKH UHFRUG ORZ UHDFKHG WZR SDVW ZHHNV &XUUHQW $YJ /DVW ZHHN ZHHN KLJK \HDU ¿[HG \HDU¿[HG \HDU DGMXVWDEOH \HDU DGMXVWDEOH Source:  Freddie  Mac  Primary  Mortgage  Market  Survey
ZHHN ORZ
Decorative Concrete Turn your drab concrete into something Beautiful
Rainbow Acres Landscaping 802-373-5759 / 802-759-2225
Landscaping Lawn Mowing Lighting Stone Work Paver Cleaning & Sealing and More!!!
www.rainbowacreslandscape.com