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Home Sales are Up —- Whaaattt???

October 25, 2011

Yes, it is true and actually documented by the NAR (National Association of Realtors) and reported here at Inman News: http://lowes.inman.com/newsletter/2011/10/24/news/158277.  For the third straight month, home sales rose – by 11.3 % in September, “to a   seasonally adjusted annual rate of 4.91 million. Existing-home sales have been rising by double digits on an annual basis since July.”  So while it is possible to point to the negative numbers in areas of the country and there are certainly people who are having trouble getting what they want for their properties, the housing market is showing some muscle.

And with rates at historic lows and inventory still up, now is a great time to buy!  Let me know if I can help!

Patty Cunningham, Realtor®
Coldwell Banker Preferred
Exton, PA 19341
O.        610.363.6006
C.        610.659.4669
Lic #RS294054

 

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