Vermilion Realty Blog

December 29, 2009

Migration Down In 2009

Filed under: Market Info — Tags: — Don Grafues @ 10:08 am
 
According to the Census Bureau fewer Americans moved in 2009 than at any other time this decade. Population growth also fell according to their projections.

With the combination of falling home prices and the difficulty of obtaining credit it is no surprise that we decided to stay in our current homes.

The migration to the sun belt has stopped. In fact Florida’s population decreased in 2009.

Don Grafues
Resource: realtor.org
 

Moving On Up

Filed under: Market Info — Tags: — Don Grafues @ 9:27 am
 
The revised 1st time homebuyer program to include a $6,500 tax incentive for current homeowners is working according to a survey conducted by Campbell Communications. 41 percent of home purchases in November were by current homeowners, up from 38 percent in October.

Don Grafues
Resource: realtor.org & HousingWire.com
 

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