Posted by Bradford Miller Law PC, experienced in real estate law, landlord tenant law, and estate planning. Visit the firm online at http://www.bradfordmillerlaw.com/.
Its tough out there for Sellers. The National Association of Realtors (NAR) reported that the Pending Home Sales Index, dropped 30.0 percent to 77.6 based on contracts signed in May from a reading of 110.9 in April, and is 15.9 percent lower than the May 2009 level of 92.3.
NAR chief economist Lawrence Yun says the decline was not unexpected. “Consumers are rational and they rushed to meet the tax credit eligibility deadline in April. The sharp decline in contract signings in May is a natural result with similar low levels of sales activity anticipated in June.”
In this kind of market, Seller's need all the help they can get. One thing they can control is who they hire as their Attorney when they do find a Buyer. Give us a call here at Bradford Miller Law PC. Bradford Miller is experienced and you will find our rates to be extremely reasonable.
