Looking for a little good news in the world of real estate? Last week at the Realtor Convention in San Diego, Lawrence Yun (NAR's Chief Economist), yea can't help the name drop - it was cool to hear his address in person! - anyway - he reported the number of homes selling (or going to pending status) continue to increase - in fact, the nation has seen 8 straight months of increased sales!
Here in the Cary NC area, the local MLS association reported today the number of homes going under contract/pending status for October up 28% over October 2008 numbers! The number of closed homes increased almost 18% over the same period last year.
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