According to the latest statistics released from the WFRMLS of Kaysville Utah real estate for February 2010, home sales improved greatly over February of last year. The number of homes sold in February this year was around 15 compared to 7 homes sold in February last 2009. Hence home sales went up by almost 53.33%.

According to the New York Times published report yesterday, the Obama Administration was trying to implement new housing program that will ease or might end up the foreclosure problem of the country. This new program to be implemented will allow homeowners who are not capable of paying their mortgage anymore to sell their property to less of what they owe and will give them a little cash to speed them on their way.

As of now there are about five million homes are in danger to be foreclosed. The government housing aid program of $75 million dollars mortgage modification plan only covers small number of these households that are at risk to benefits. The program will officially be started on the 5th of April, and expected to rescued those remaining households who didn't make in Federal mortgage modification program.

In this new Federal program, real estate agents will have a huge part as they will be needed by the lenders to assess the value of a certain property and its minimum acceptable offer. The lender must accept the offer that is equal or higher than with that amount.

Let’s now find out what happened in the real estate market of Centerville for the entire month of February. Home sales in February this year went down 45.45%. Number of homes totaled sold in February 2010 was just around 6 whereas in February 2009 there were a total of 11 homes went sold.

The number of home sales in February 2010 rose 33.33 percent compared to a year ago in Clinton real estate. A total of 18 units were sold in February this year versus 12 properties sold in February 2009.

February is showing signs of improvement after a few months of slow real estate market in Clearfield Utah. A total of 22 homes were sold in February 2010 while in February 2009 there were only a total of 13 homes went sold.  Hence home sales did increase by 40.91%.  As home sales increase, home prices decreased by 8.68%.

Bountiful home sales decreased 29.41% from 17 homes sold in February 2009 to 12 homes sold in February 2010. As to the home prices, it dropped 26.43% from $262,000 median sold price in February 2009 to $192,750 median sold price in February 2010. All homes sold in February this year had an original list price of $204,950, in February last year homes sold original list price was $299,900.

In selling your home to prospective buyers, you need to make it stand out from the crowd especially during these times that the real estate market is extremely competitive. One of the most effective ways to attract home buyers is to include in your listing a series of great looking images of the house you are selling. This is also known as virtual tours. Virtual tours can be controlled by the viewer wherein the person viewing it can look around, turn in multiple directions and be able to zoom in and out like they are virtually standing in a location. Also you have to make sure that the pictures you will include in the listings looks picture perfect. The location should be neat, tidy and most of all clutter free. Adding this in your listings will help in attracting more buyers and will help in selling your house quickly. By having virtual yours in your listings, people visiting your site feels like they have been to the actual location itself. Also by having virtual tours you are making it available to your potential buyers 24 hours a day 7 days a week anywhere around the globe. By doing this, it increases the chances of your home to be sold by many times especially during these times that real estate markets are slowing down.