I am so excited for the Opening Day game this afternoon against the Giants at Minutemaid! It is Roy O's eighth consecutive year to start on Opening Day - way to keep the tradition up. He will definitely have his hands full against Cy Young Winner Lincecum, but I think we got this one!
I almost always mention that it is definitely a buyer's market because I can not stress the importance of taking advantage of this limited time enough. But now reports from this year's first quarter are starting to come in and you can take comfort in the fact that they are proof of my statements NOT just a sales pitch! =) I came across a report from the NAR which says pending sales are on an uprise. The pending sales index is considered to be an indicator for sales in the future. With this, NAR expects existing-home sales to rise 6.5% this year with new, single-family home sales rising only .6% and 56.9% in 2011 - that's a huge leap! Those thinking about buying a home in the next year or so need to know that as it changes from a buyer's market to a seller's, obviously the prices of homes will increase. NAR already says that this year the median purchase price of an existing-home will rise to $177,200 and even reach $184,800 next year. The median sales price for a new, single-family home is predicted to be $221,700 this year and $233,100 next. That's ten grand you could save on a brand new home just by making sure you purchase it in 2010 and not 2011. Just a little food for thought!
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