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Are Buyers Are Coming Back In Force?
Chris B Johnson, REALTOR®      Buying a Home This Summer          Selling Your Home This Summer
I saw this article in Realtor Mag...Is this ture is your Market???????????????????????????????????
 DAILY REAL ESTATE NEWS | THURSDAY, JULY 02, 2015 Home buyer demand is strong, recent sales reports have confirmed. Existing-home sales in May soared to the highest mark since 2009 as new-home sales climbed to a seven-year high. What's more, the demand is likely to stay strong: Pending contracts to buy existing homes reached a nine-year high while housing permits -- signs of future building -- also surged to a nine-year high. 
Read more from Yun's full economic and housing forecast at the Economists' Outlook blog. 
"Buyers are coming back in force," writes Lawrence Yun, chief economist of the National Association of REALTORS®, at NAR's Economists' Outlook blog. "One factor for the recent surge could have been due to the rising mortgage rates. As nearly always happens, the initial phase of rising rates nudges people to make their decision now rather than wait until later when the rates could be higher."
First-time buyers also are having a notable presence on the market, making up 32 percent of all purchases compared to 27 ... more

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