Corpus  Christi Realtors agree when you compare the real estate downturn to the real estate market in the 1980s, Blumberg Capital Partners, which provides real estate investment management, finds similarities that lead the company to think now is an optimal time to buy.  The Coastal Bend and more specifically Corpus Christi Homes were recently featured as a great place to invest in real estate. Its analysts point out that the recession of the 1980s lasted 16 months, running from July 1981 to November 1982. Unemployment peaked in November of 1982 at 10.8 percent. From that point it took 38 months for the economy to recover fully ...

May 29, 2010 by Amy Willis

Corpus Christi realtors reported that existing home sales rose again with buyers motivated by the tax credit. The NATIONAL ASSOCIATION OF REALTORS® stated that improving consumer confidence, and favorable affordability conditions also fueled the increase in sales  Existing-home sales — completed transactions that include single-family, townhomes, condos, and co-ops — increased 7.6 percent to a seasonally adjusted annual rate of 5.77 million units in April from an upwardly revised 5.36 million in March, and are 22.8 percent higher than the 4.70 million-unit pace in April 2009. Monthly ...

May 25, 2010 by Amy Willis

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