Existing Home Sales Up!
This confirms what we have been seeing! Amid all the National press to the contrary, the housing market (especially in large Metro regions) is showing signs of recovery. The number of "Under Contract" or pending sales is up 16%.
This confirms what we have been seeing! Amid all the National press to the contrary, the housing market (especially in large Metro regions) is showing signs of recovery. The number of "Under Contract" or pending sales is up 16%.
"The improvement in the Northeast reaffirms a trend apparent for some months now that shows signs of recovery, noteworthy because that was the first region to slump, and the gain in the West indicates some easing of interest rates for jumbo loans,”
Read entire article here
As Lawrence Yun points out, "Despite over-exaggerated negative coverage on the housing conditions, many local markets are actually seeing price increases..."
No comments:
Post a Comment