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national association of realtors: Home Sales Up in May - 06/27/08 03:23 PM
According to a new report from the National Association of Realtors (NAR), home sales were up in the month of May.
Sales of single family homes, townhomes, condos and co-ops were up 2% nationwide from April to May.  However, sales were still 15.9% percent lower than May 2007.
NAR attributes the increase to lower asking prices on homes.  The median sale price nationwide was $208,600, down 6.3%, from $222,700 a year ago.
In the Northeast, existing home sales were up nearly 5 percent from April to May, and prices were down only 2.4 percent from a year ago.
I'm still waiting on local numbers for Ulster and … (17 comments)

 

Becky Cook Ulster County, NY- New Paltz, Highland, Marlboro, NY Real Estate

Highland, NY

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