Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Will House Sales in Tustin Match “Soaring” U.S. Rate?
Tustin house sales do usually respond in the seasonal pattern that is familiar in most other
areas. Spring and summer lead the way for weather-related, financial, school scheduling and other
family-related reasons. From now into well past July (and sometimes even August), house sales
activity can be counted on to peak. Those are the normal expectations.
But when any segment of U.S. house sales numbers quadruple expectations even before
spring bulbs see daylight, that’s worthy of special attention. That was the case last Thursday when
the Commerce Department reported that in February, purchases of newly built homes rose by more
than 6%. Since The Wall Street Journal’s panel of experts had forecast 1.4%, it drew headlines.
In fact, this was the second month in a row for sharp rises in U.S. new home sales—and
what could be a bright sign for Tustin’s own prospects as the spring selling season begins. Press
reports were, to put it mildly, enthusiastic:
MartketWatch: “New-home sales roar to a 7-month high”
Reuters: “...strength in housing should underpin economic growth”
ABC News: “Americans...snapping up new homes at the fastest pace since July”
Bloomberg: “U.S. New-Home Sales Climbed to a Seven-Month High”
CNBC: “[Sales] were the highest since July of last year—and that was the best
number since January of 2008”
Bloomberg’s Michelle Jamrisko deduced ... more

__________________________________________________
Are you on The Rain? Grow Your Network!