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Great News - Pending Real Estate Sales are on the Rise

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Real Estate Agent with Coldwell Banker, Tampa FL BK3029088

Great News - Pending Real Estate Sales are on the Rise!! 

The Pending Home Sales Index (PHSI), a forward-looking indicator based on contracts signed in August, jumped 7.4 percent to 93.4 from an upwardly revised reading of 87.0 in July, and is 8.8 percent higher than August 2007 when it stood at 85.8. The index is at the highest level since June 2007 when it stood at 101.4.

Lower home prices mean increased affordability.  Now more people can afford to purchase a home.  Renters and people who had been sitting on the sidelines are starting to realize that now is the time to buy.  These numbers reflect the facts.

People wanting to get their piece of the American Dream are taking advantage of low home prices. 

I can tell you that despite all the doom and gloom that is being highlighted on the new about the current economic crisis, LENDERS ARE LENDING MONEY.  Call me and I can get you connected to my mortgage lender, Craig Nesbitt with Apex Lending.

Feel free to call me about any questions that you may have about the current housing market.

Warmly,

Stephanie LeFew

Full time Realtor working to make your Dream of home ownership a Reality

Loving what I do...& looking forward to hearing from you

813-991-1355 home office

813-624-3332 cell phone

http://www.TampaHomeBuy.com

stephanie@tampahomebuy.com

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