Monday Morning News

We are hard at work here at Short Sale Commander Central!  We plan on releasing the newest updates in the next few days, stay tuned on what these will include.

We also now have a new Tech Support Manager, Greg White.  If you need any help, here is here M-F 9-6 EST.

Housing number from September have been released and housing sales are on the rise.  Surprise, surprise…a majority of the houses are distressed properties!

Home Sales in South Rise 9 Pct From a Year Ago

By THE ASSOCIATED PRESS
Published: October 23, 2009

Filed at 12:15 p.m. ET

WASHINGTON (AP) — September home sales in the South jumped more than 9 percent from last year as buyers snapped up bargain-priced homes and foreclosures.

The region registered 178,000 home resales last month, the National Association of Realtors said Friday. The median price was $153,500, a 7.6 percent decline from last September, when it was $166,200.

Nationally, sales of existing homes rose almost 8 percent over September a year ago, without adjusting for seasonal factors. The median sales price was $174,900, an almost 9 percent decline from $191,200 a year ago.

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