Tuesday, October 20, 2009

Real Estate Trends

The National Association of Realtors (NAR) has recently released information regarding trends among home buyers. You might find the following data of interest:

87% of home buyers nationally are using the internet to identify homes.
32% of home buyers nationally found the home they purchased on-line.

81% of home buyers use full service Realtors.

60% of home buyers nationally were born after 1964.

92% of home buyers nationally say energy efficiency in a home is important to them.

The majority of home buyers are seeking walkable neighborhoods, ample storage space, master bedroom suites, updated kitchens.

Also of interest, NAR reports that nationally real estate sales are up.

NAR is very active in pursuing extension of the $8000.00 first time home buyer's tax credit which is currently set to expire on November 30, 2009, and is optimistic that the credit will be extended into 2010.

You can reach me, Don Ricedorff, at The Wells Group 970-375-7014, don@frontier.net, or at my website at durangorealproperty.com

Don Ricedorff is a licensed real estate broker in the State of Colorado, with 16 years of experience, and he resides in Durango Colorado.

He has numerous real estate designations, which have provided him with an unparalleled education to assist his clients.
The designations include:
CRS, Certified Residential Specialist
CRB, Certified Residential Broker
CCIM, Certified Commercial Investment Member
CDPE, Certified Distressed Property Expert
ABR, Accredited Buyer Representation
GRI, Graduate of Realtor Institute
RSPS, Resort and Second Home Property Specialist
CIPS, Certified International Property Specialist
SRES, Senior Real Estate Specialist

He is also an active volunteer in the community and his church. His highest aspiration is spending time with his wife, Janet, and his three children Kelly, Katie, and Kyle. His other interests include playing tennis, fly fishing, hiking, boating, and water skiing.

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