Pending Home Sales Up 25%! The report I read from NAR (National Association of Realtors) stated that Pending sales were down from June to July. That is unfortunate and definitely not the direction I wanted to see the market go. The report went on to say comparing July of 2010 to July of 2011 that Pending Home Sales were Up 25%! That is fantastic news!
I absolutely understand that the Real Estate Market is totally local! I can not help but be encouraged when I read that comparing to a year age Pending Home Sales were Up 25%! The number I believe was that it had moved from 3.46 million to 4.46 million.
I can only imagine the headlines if it had gone the "other" way. I sincerely hope that the leadership of this country realizes what the Real Estate, housing market actually means in Our Country!
Statistics are proving out once again that it is actually cheaper (less expensive) to own a home than it is to rent a home in many parts of the country.
Comments (2)Subscribe to CommentsComment