October 15, 2008 Mara Bushari

According to the National Association of Realtors, pending home sales surged recently as buyers took advantage of affordable home prices and lower interest rates. The Pending Home Sales Index 1, a well respected indicator based on contracts signed during a certain period of time, jumped 7.4 percent in August to 93.4. The index showed the highest level since June 2007 when it was 101.4. The highest jump in pending contracts was seen in California, Nevada, Arizona, Florida, Rhode Island and Washington, D.C.

 It looks like interest rates are beginning to creep skyward again which should give those buyers playing the fence an extra incentive to put their dream home under contract sooner rather than later.

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

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