Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions

via realtor.org

Buyers are responding to the homebuyer tax credit and affordable housing prices, this has boosted the sales in March, according to the NAR.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million units in March from 5.01 million in February, and are 16.1 percent above the 4.61 million-unit level in March 2009.

Lawrence Yun, NAR chief economist, said it is encouraging to see a broad home sales recovery in nearly every part of the country, with two important underlying trends. “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle class housing wealth that may have been wiped out without the housing stimulus measure.”

Posted via web from San Diego Real Estate

Oceanside offers Spring Break Camp

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Oceanside offers spring break camp

Saturday, March 20, 2010 at 12:05 a.m.

OCEANSIDE — The Oceanside parks department will offer one-day camps during spring break, April 5 through 9.

Children between the ages of 7 and 12 may enroll, and activities will take place between 9 a.m. and 4 p.m. each day.

Sessions include dodge ball, beach and sand sports, aquatic adventures, bowling and a movie.

The location varies, depending on the activity.

The cost is $40 for Oceanside residents and $50 for nonresidents.

For information, call Oceanside’s beach center at (760) 435-5233.

— MICHAEL BURGE

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via signonsandiego.com

Time for Spring Break? Oceanside is offering a Spring Break Camp for kids 7 -12 yrs old in Oceanside, California on April 5th from 9am to 4 pm. Oceanside residents get a reduced price. Call Oceanside beach center for more details.

Posted via web from Oceanside Homes