NAR Sales Spike

The up and down pace of sales that characterized the second half of 2010 appears to be ending on a high note.

The National Association of REALTORS® reports that existing home sales during November rose 5.6 percent over the previous month.

Provided By MyKW

Even though November 2010 sales are still 27.9 percent below November 2009 – the initial deadline for the first-time homebuyer tax credit – NAR chief economist, Lawrence Yun, notes, “Continuing gains in home sales are encouraging, and the positive impact of steady job creation will more than trump some negative impact from a modest rise in mortgage interest rates, which remain historically favorable.”

He adds, “The relationship recently between mortgage interest rates, home prices and family income has been the most favorable on record for buying a home since we started measuring in 1970.Therefore, the market is recovering and we should trend up to a healthy, sustainable level in 2011.”

KW Commercial Family Reunion Agenda is now available

Provided By KW

More networking opportunities to enhance your expertise than ever before

Sunday, Feb. 20th:

> Opening Ceremonies and Vision Speech
> Three KW Commercial Breakout Sessions with topics including a mini-boot camp on Commercial Investment Sales, Retail Investment and Leasing Opportunities
> Commercial Property Deal Exchange
> Commercial Reception with the Luxury Homes by Keller Williams Division
> Red Bash!

Monday, Feb. 21st:

> Three KW Commercial Breakout Sessions with topics including Commercial Tenant Representation, Multi-Family Investments
> State of the Company and State of the Culture Address
> Awards Ceremony

Tuesday, Feb. 22nd:

> Four KW Commercial Breakout Sessions with topics including Commercial REOs, Technology for the Commercial Broker, 1031 Exchanges and SBA 504 Program
> Quantum Leap with Gary Keller
> Don't miss the Commercial Vendors who will be joining KW Commercial in the Exhibit Hall.

Be sure you're at this year's main event. Register for Family Reunion.