Its True People Are Buying Homes and Qualifying for Mortgages

by thachnguyen on January 11, 2012

in Latest News

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Several think that not many houses are selling and therefore almost no one could possibly get a mortgage. We wish to let everyone understand that neither of these assumptions holds true. Recently, the National Association of Realtors (NAR) released their Existing Homes Sales Report. Based on the report you will find typically, 12,109 homes selling in the United States every single day! Which means that approximately 12,000 houses sold yesterday, approximately 12,000 will sell today and approximately 12,000 will sell tomorrow. Therefore the belief that homes aren’t selling just isn’t true.

Another interesting fact within the report was that 72% of such transactions were processed along with a mortgage. This means that approximately 8,719 people are eligible for a mortgage on a regular basis in this particular country.

You will find over 12,000 homes sold and over 8,000 mortgages granted every single day. The real estate market is doing better than many believe.

Thach Nguyen Seattle Real Estate Expert 206-334-8773

For more information on Seattle Real Estate go to http://www.ThachRealEstateGroup.com

Posted via Seattle Real Estate-Seattle Homes For Sale

Seattle Home Search Seattle Home Values

Post by Thach Nguyen

Thach Nguyen is the Founder and CEO of Thach Real Estate Group, company that serves people from diverse cultures and communities in buying, selling and investing in real estate.

Thach has written 1974 articles.

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