Home Sales rise over 9% in September!

Based on an article by the Associated Press today, home sales rose over 9 percent in September. The reason, primarily, is due to the mad rush for First Time Hombuyers who are trying to take advantage of the $8,000 tax credit before it expires on December 1st. This is great news, but if the FED’s don’t extend the credit, we may see a drastic slow down in early 2010.

On another positive note, the inventory of listed homes fell over 8 percent in September, reaching its lowest levels since early March 2007. There’s been a huge flow of foreclosures being sold like “hotcakes” where buyers are getting incredible deals on affordable homes, not to mention “FREE” money from the government as a bonus.

About the Author

KC Haririan, Lender KC has access to the best loan products available in the industry. What makes KC's job rewarding is his willingness to go above and beyond the call of duty in making the loan process as smooth and efficient as possible. KC has been in the financial services industry since 1996 helping his clients with a variety of needs such as investments, mortgages, insurance, and other financial products. KC received his CERTIFIED LOAN OFFICER® designation from the Mortgage Bankers Association of Alabama in 2005. KC is a graduate of Auburn University with an MBA in Finance. KC’s drive for excellence and his years of experience, combined with a desire to help others, create a unique opportunity for clients who are looking for a trusted advisor for their mortgage needs. His technical expertise allows him to offer financial solutions that are correct and practical. KC has the heart of a teacher and enjoys working with people; especially first time homebuyers. KC's goal is to be the best Christian husband, father, and a friend he possibly can. KC and his family have been attending Church of the Highlands for the past three years. He is very involved in serving at the church - AND HE LOVES IT!