
The National Association of Realtors just reported that the number of pending sales nationwide increased by 6.7%.
The number of homes Under Contract saw the biggest monthly gain in 7 1/2 years.
Those two indicators are obvious signs the recession is easing and the real estate market is HEATING UP!!! For those of you sitting on the side lines waiting for the market to hit bottom...its called basic economics...supply and demand. There were a lot of homes on the market and no one wanted to buy them, driving prices down. Well now that demand is on the rise, prices will be too!!

0 comments:
Post a Comment