"The spring home-selling season could be the strongest in years," economists say.
The spring season typically runs March through June but has started early this year because of unseasonably warm weather.
The upswing in the Real Estate Market here in Pleasanton is still continuing. This past week, we had 19 New Listings, 114 Active Listings and 190 Pending. That looks pretty healthy to me. A home with 17 offers. WOW. Buyers were even out in the rain this past Saturday.
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Agents who have listings are smiling. It's like catching fish in a barrel, if the home is priced correctly.
One thing to think about is that come the end of the year The Mortgage Forgiveness Debt Act will end unless Congress extends it.
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Although many of the homes in Pleasanton recently have been regular sales, banks are working with home owners, this is still something to keep in mind. If you owe more than your home is worth you should be aware of this.
Here is a link: http://www.irs.gov/individuals/article/0,,id=179414,00.html
