According to the National Association of Realtors, pending home sales rose 4.1 percent in March and are 12.8 percent above year-before levels. Pending sales, which reflect contract signings but not closings, are now at their highest level since April 2010. Lawrence Yun, NAR’s chief economist, said first-quarter sales data shows that it was the best first quarter in five years and, based on contract signings, the second quarter should be equally good. Regionally, pending sales were highest in the West and the South. The South was up 5.9 percent from February and the West rose 8.7 percent. All regions increased from last year, with the Midwest up 16.9 percent and the Northeast 21.1 percent above March 2011. According to Yun, 2012 will be a year of recovery for the housing market. 

 

Thanks,


Ryan Magee 

Mortgage Loan Officer

Bridgeview Bank Mortgage Company LLC

900 Cresteview Drive Suite 120

Hudson, WI 54022

715-821-1818 - Cell

952-232-0012 - Fax

r.magee@mybbmc.com - Email

Website: http://ryanmageemortgage.com

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Ryan Magee

Ryan Magee - Mortgage Loan Officer

Hudson, WI

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Bridgeview Bank Mortgage Company

Address: 900 Crestview Drive Suite 120, Hudson, WI, 54016

Office Phone: (715) 821-1818

Cell Phone: (715) 821-1818

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