2004 Was A Dream Market
Last December, real-estate experts predicted that mortgage rates would rise, pushing the number of home sales down in 2004. If their prediction had proved true, it would have meant that stories like the one real-estate executive Dan Givens tells would be tales of the past.
By Elizabeth Rhodes
Seattle Times staff reporter
Givens' tale concerned the sale of a neglected, nearly century-old North Seattle house. Its foundation sagged; its siding was bad. And that was just the start of its problems. Anyone brave enough to buy this money pit was probably looking at spending "a couple of hundred thousand dollars" to bring it up to shape, said Givens, a Windermere manager.
As the home went on the market, agents speculated that it might fetch about $400,000. Nineteen offers later, the sad old house sold for $509,000.
See story link at http://seattletimes.nwsource.com/html/homerealestate/2002130089_homeyear26.html
RESIDENTIAL real estate had strong year
Business Gazette - Gaithersburg,MD,USA
2004 was the strongest year ever for residential real estate sales in Suburban
Maryland, and the success should continue next year, according to regional
...
http://www.gazette.net/200453/business/realestate/253114-1.html
http://www.Inman.com - Emeryville,CA,USA
2004 was another year of record success in real estate. But perhaps more
importantly, online real estate made a big comeback. The ...
http://www.inman.com/inmannews.aspx?ID=44194
WHAT Trends and Issues Will Most Impact Real Estate in the New ...
http://www.RisMedia.com - Norwalk,CT,USA
As the year comes to a close, we look ahead to see what will impact real
estate and relocation in 2005. This month, we ask the pros ...
http://rismedia.com/index.php/article/articleview/8807/1/1/