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Here’s the Good News!

By
Real Estate Agent with Rodeo Realty - Beverly Hills

 

I always try to be a positive person and I try my hardest this time of year. Everyone should be jolly! So here are bits of good news I’ve discovered in the market recently…

  • Pending sales of existing U.S. homes surged in October by the most in nearly a year. And I should know, I’m in escrow on one- about to be two properties. My clients aren’t alone; Americans are taking advantage of low interest rates for mortgages.
  • Sales of existing homes jumped in October, they are up 1.4%, rising to 4.97 million units from a downwardly revised 4.90 million the previous month.
  • The supply of homes on the market is on a continuous decrease, which is a sign of health. This will start giving demand a chance to increase for the first time in a long time.

I am a very positive person but I promise my information isn’t skewed. I am happy to report that everywhere I look there are happy reports!! 

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Comments (2)

Bud & Beth McKinney
RE/MAX UNITED - Cary, NC
Cary/Raleigh/Apex NC - The Team That Cares, RE/MAX United

Hooray for happy news! Thank you for sharing. It is easy to turn to the negatives and get down about things, but small rays of sunshine do help out a lot

Dec 05, 2011 06:59 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Adrienne

Great post we do need to look at the positive side of life more. Have a great day. 

Dec 05, 2011 06:59 AM