People continue to complain the real estate market isn't what we want it to be. The latest figures show the market has been improving. With mortgage rates predicted to go up in March, now is truly the time to buy. Last weeks 4.83% interest rate on a 30 year loan was the third lowest since 1971. Take a look at the information provided by the National Association of Realtors and the S&P/Case-Shiller home price indices:
Pending home sales increased 3.7% this October over last October
Pending home sales have increased every month for the last nine months (for the first time since 2001)
Home prices have gone up 3% per quarter for the past 2 quarters
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