The National Association of Realtors® did not have good news for home buyers or sellers in a recent article. They reported that existing-home sales weakened against a backdrop of an eroding economy. Existing-home sales - including single-family, townhomes, condominiums and co-ops - fell 8.6 percent to a seasonally adjusted annual rate¹ of 4.49 million units in November from a downwardly revised level of 4.91 million in October, and are 10.6 percent below the 5.02 million-unit pace in November 2007. Lawrence Yun, NAR chief economist, expected a decline. "The quickly deteriorating conditions in the job market, stock market, and consumer confidence in October and November have knocked down home sales to another level. We hope the home sales impact from the stock market crash turns out to be short-lived, as was the case in 1987 and 2001," he said. Here's looking forward to a more positive market in 2009.
Please go to www.Move2Cheyenne.com to request a FREE Relocation Packet from Connie!
ZIP Code: 82201 Approximate Location Boundaries: Wheatland is 70 miles north of Cheyenne.
Location Characteristics: Wheatland, is the county seat and largest town in Platte County and offers many amenities of larger town living with a small town atmosphere. Wheatland has many city parks, public pool and tennis courts and a nine-hole public golf course. Want more to do? Check out the Laramie Peak Museum, go bowling, check out the latest movies or head out to the fairgrounds.
About Connie Webb:
Connie Webb has been a Realtor for more than 15 years. She has also lived in Wyoming for most of her life. Her familiarity with the area and her experience makes her an expert in the Cheyenne Market. Call today to talk to Connie! 1-800-221-5064.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
