The number of existing homes sold in Washington increased in the third quarter compared with the previous three months, the Washington Center for Real Estate Research reported Tuesday.

The federal first-time homebuyer tax credit helped sales increase 15.6 percent, according to the center at Washington State University. Sales also were 2.6 percent higher than a year ago, the center said.

UCLA sees 16% home-price gain in 2010

The Orange County California forecast is based largely on predicted job growth. However, Cal State Fullerton only sees a 2% home price gain. First American CoreLogic (Santa Ana HQ pictured left) predicts that Orange County house prices will be up 9.5% next August from this past summer.
Lasner

Dallas-Fort Worth home sales climb 11%

Pre-owned home sales in North Texas were up 11 percent in October from a year ago – the first year-over-year gain since September 2008 and the best sign yet that the local housing market has turned the corner.

Real estate agents sold more than 6,300 single-family homes through the Multiple Listing Service last month, according to numbers released Monday by the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems.

Florida’s Existing Home, Condo Sales Rise in 3Q 2009

Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the year before, a total of 33,311 existing homes sold. It marks the fifth consecutive quarter that Florida has seen higher existing year-to-year home sales, according to the state association.

Statewide sales of existing condominiums in the third quarter rose 56 percent compared to the same time the previous year. This marks the fourth consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels.

Las Vegas home sales on the rise

With home sales on the rise, prices beginning to stabilize and a reduction in inventory, experts say this is a pretty good economic indicator of consumer confidence.  The greater Las Vegas association of realtors says single family homes sales were up 30 percent last month, compared to the same time last year. And nearly three quarters of the properties sold were on the market for less than 60 days.

The median home price in southern Nevada is now 139-thousand dollars -that’s up a thousand bucks from September to October.

“Probably about 80 percent of our sales over the last 12 to 18 months have been comprised of first time home buyers and investors. And the extension of the federal tax credit should push that number up in the future,” said Rick Shelton, president of the Greater Las Vegas Association of Realtors. 13 Action News

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