Wines Realty

Pat Pendley, Broker & Christie Pendley, Broker

Mission Statement:

• To make buying and selling your home as easy and "stress-free" as possible

• Treating you the way we would want to be treated, and earning your trust and referrals for future business

• Fun Facts about Real Estate History

  Some facts to know:

• More than 1000 banks closed in 1930 - only 14 U.S. banks have been taken over in 2008

• There are 76 million households in the U.S. that own their home - 24 million of these homes are free and clear

• There are 52 million homes with mortgages - 97.2% of these are not in foreclosure, 93.8% of these homes are current on their payments

On a sobering note:

• Over 20% of homeowners with a mortgage owe more than their home is worth 40% of all foreclosures are non-owner occupied
• How did we get here

Decade..........Homes Sold High..........Homes Sold Average

• 1970's...............3.9 million...............3 million
• 1980's...............4 million..................3.3 million
• 1990's...............4.9 million...............3.9 million
• 2000's...............7.1 million...............5.6 million
  Resale numbers - the above does not include new home sales.

Sources:

• Wall Street Journal
• Moody's Economy.com
• RealtyTrac
• NAR
• Forbes