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		<title>NAR Report Pending Homes Sales are Up!!!!!</title>
		<link>http://www.mynjblog.com/2009/06/nar-report-pending-homes-sales-are-up/</link>
		<comments>http://www.mynjblog.com/2009/06/nar-report-pending-homes-sales-are-up/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 19:10:53 +0000</pubDate>
		<dc:creator>Carmelo</dc:creator>
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		<guid isPermaLink="false">http://mynjblog.com/nar-report-pending-homes-sales-are-up/2009/06/05/</guid>
		<description><![CDATA[Pending Home Sales Up for Third Consecutive Month Record low mortgage interest rates boosted the NATIONAL ASSOCIATION OF REALTORS®&#8216; (NAR) forward-looking pending home sales index 6.7 percent in April to 90.3 from a reading of 84.6 in March.  The April 2009 reading is 3.2 percent above April 2008.  “Housing affordability conditions have been at historic...]]></description>
			<content:encoded><![CDATA[<h1><a name="S5" shape="rect" title="S5"></a>Pending Home Sales Up for Third Consecutive Month</h1>
<p><span style="font-family: Arial"><font size="2">Record low mortgage interest rates boosted the NATIONAL ASSOCIATION OF REALTORS<sup>®</sup>&#8216; (NAR) forward-looking pending home sales index 6.7 percent in April to 90.3 from a reading of 84.6 in March.  The April 2009 reading is 3.2 percent above April 2008.  “Housing affordability conditions have been at historic highs, but now the $8,000 first-time buyer tax credit is beginning to impact the market, too,&#8221; says NAR Chief Economist Lawrence Yun. The index in the Northeast shot up 32.6 percent from March to 78.9 in April.</font></span><span style="font-family: Arial"><font size="2">For more information, read NAR&#8217;s <a shape="rect" href="http://rs6.net/tn.jsp?et=1102601106357&amp;s=89477&amp;e=001jpV_95pjpavd4E9nKSrUZI0BaAZV6fjWHSU9IEEKPTBHQcX3w0diAE5awUVoZhSW8LWKThcyVkUCJmY2Nb-alLh4fBywgaIf4JCR3J2uJ-Sf17ALifi1qvXOe-43-40x129fIQqqJlNL0ljd_-XEQ_5vLf1k5cNqTun9-Ivq9shvL0KenGVsBQ==">press release</a> or watch <a shape="rect" href="http://rs6.net/tn.jsp?et=1102601106357&amp;s=89477&amp;e=001jpV_95pjpatL2xLjQOAREJqnQ5dExh3qBGlvW2dVNmfWW0Kc8IvZOtZQbuj3lUpcz6r4ORfq42N-YRG6192uKrDFw3fYUHZ8EDxx0sUHfUnqnsYkBgQtrmDNMH9MqByf6XLGBxQhuU6inMDGzdRIFjY6mZv5bSo9ZyBGj1umlEAO36rPYpnQyZi0mjOtaWhq">a video interview</a> of Lawrence Yun on the latest index figures.</p>
<p><span style="font-size: 12pt; font-family: Arial"></span><span style="font-size: 12pt; font-family: Arial"><font size="2">For assistance is selling your home in Bergen County, River Edge NJ, Oradell NJ, Paramus NJ, Emerson NJ, Fairlawn NJ. Contact Carmelo Oliveri, Coldwell Banker Realtor at (201) 618-2854. Visit our web site at <a href="http://www.ournjhouse.com/"><font color="#5eb2e5">www.OurNJhouse.com</font></a> or <a href="http://www.ourbergencountyhouse.com/"><font color="#5eb2e5">www.OurBergenCountyHouse.com</font></a></p>
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