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Do you need incentive to obtain your California real estate broker's license? Benefits of the first-time home buyer tax credit, increased pending home sales and low interest rates are a few of the factors that continue to help boost buyer activity in a stabilizing housing market.
"Some states are offering bridge loans that allow first-time buyers to use the tax credit for down payment and closing costs," said NAR President Charles McMillan, who also noted the variety of nationwide home buyer assistance programs. "There are many other local government and nonprofit programs available to buyers, depending on location."
The Pending Home Sales Index, the leading indicator for the housing sector, rose 6.7 percent to 90.3 percent in April of 2009 from a reading of 84.6 percent the previous month, and is 3.2 percent above April 2008 when it was 87.5 percent. NAR's Housing Affordability Index is in record territory, showing a rise to 174.8 in April from 171.9 in March. This is excellent news for the real estate industry.
The facts are in and the real estate market is progressing. Prepare for the market upswing and train for your California real estate broker license now. Your leadership is needed in an industry that is ready for greater accountability. Click here to learn more about California broker license course.
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