U.S. existing home sales rose to it's highest level since May of 2010, a time when our markets were driven by government incentives.
"A strengthening job market, combined with record affordability driven by low home prices and mortgage rates" have been a recipe for improvement in the housing industry.
Although an influx of foreclosure properties have saturated markets and embody the potential to further hinder the nations housing market recovery, we are getting back to a more normal market and are seeing continued signs for stability and growth in the coming months.
http://www.bloomberg.com/news/2012-02-22/sales-of-previously-owned-u-s-homes-increase-to-4-57-million-annual-rate.html
Don't look back a few years from now and wish you had taken advantage of the wonderful opportunities available today; historically low interest rates and home values won't last forever and woulda, coulda, shoulda is a horrible feeling...
If you have any interest in buying or selling your next home, OR you would like more information about the process, OR just have questions, please don't hesitate to let me know!!!!
Wednesday, February 22, 2012
Positive Trends in the Real Estate Market Continue!!!
Posted by pmgee84 at 12:06 PM
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