by The KCM Crew on June 5, 2012 ·

After weeks of continuous good news about the housing market, the naysayers jumped all over this month’s Pending Sales Report from the National Association of Realtors (NAR). Pending sales were down from the previous month. This must be proof that all that other positive news on real estate should be ignored – right? WRONG!!

It is true that this month’s numbers were down from last month. However, we must realize we are comparing the numbers to the best month in two years. The numbers are 14.4% higher than the same month last year. Below is a graph showing the pending sales numbers over the last two years. You can decide whether it is showing a recovering market or not.


 
Noemi Cardoso
Local Office.Local Agents. Local Knowledge.
William Raveis Real Estate
911 Main Rd - Westport MA 02790
Serving Westport, Dartmouth, South Dartmouth,
Padanaram, Mattapoisett, Marion, Fairhaven,
Tiverton, Little Compton, Adamsville and surrounding towns in RI.

 

1 Comments on Everybody Calm Down! The Sky Is NOT Falling

JUN
06
2012
581,347 Points 17 Featured Posts Called Shot Master

Noemi - thanks for posting this; statistics are confusing enough when presented correctly, never mind when they are presented with little to no relevance!
5:14am • #1


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Noemi Cardoso (William Raveis Real Estate) Rainmaker_large

Noemi Cardoso

Westport, MA

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William Raveis Real Estate

Address: 911 Main Rd, Westport, MA, 02790

Office Phone: (508) 558-1945

Cell Phone: (508) 558-1945

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Hi welcome to my Blog. I come here to write, vent, repost and share with you thoughts, ideas, experiences and good things that I see and read everyday.
Things you will find here can vary from real estate, current and sold listings, happenings in the Bristol County and surrounding areas all the way to personal experiences, opinions, inspirational quotes and blogs, and whatever else more comes to mind that I believe is worth sharing.
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