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Real Estate Trends up

Posted by Doug Smith on Wednesday, April 1st, 2009 at 12:05pm.

"National Association of Realtors said its index of signed sales contracts for previously occupied homes rose 2.1 percent to 82.1"  with low interest rates and the cost owning a home being at the lowest point since the 1970's the H0using market is showing signs of coming back to life.  This mirrors what we have seen at RE/MAX Alliance as well.  With over 100 properties going under contract this month we have experienced 66% growth over February.  We are also starting to see multiple offers on well priced properties again.  The trending data should be readyh to post in the next few days so be sure to check back for the recent stats.

Greg Smith

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