U.S Home Sales JUMP!! Market Trend for 2012 is VERY POSITIVE NEWS

Reblogger Florida Tolbert Team Keller Williams Advantage
Real Estate Agent with Keller Williams Advantage III Realty in Lake Nona BK3059813

POSITIVE NEWS!  This is the kind of news we need to tell the whole world about and I hope you don't mind that I share this with all my many subscribers and my 15000 plus visitors to my website monthly.

Let's spread the word and get all these fence sitters to be porch sitters on their own porches. 

Original content by Leslie Roche

U.S. home sales jump more than 4 percent in Jan.

Today


Well, it's about time we got some good news regarding the home market... I came across this just today and wanted to share it with everyone! It's going to be a GOOD year!

 

Sales of previously occupied homes rose in January to the highest pace in nearly two years, flashing modest signs of health ahead of the spring-buying season, The Associated Press reports.

The National Association of Realtors said Wednesday that U.S. sales increased 4.3 percent last month to a seasonally adjusted annual rate of 4.57 million. That's the highest level since May 2010.

Home sales have risen in three of the past four months. But they remain well below the 6 million that economists equate with a healthy market.

The report offered a mixed picture of the slowly improving housing market. The number of first-time buyers, who are critical to a housing recovery, increased slightly to make up 33 percent of all sales. That's still below 40 percent, which tends to signal a healthy market.

Sales of homes at risk of foreclosure also increased to 35 percent of all purchases. Those sales hurt the market by lowering broader home prices.

The Realtors group also revised December's sales figures to show a 0.5 percent decline. It had initially reported a 5 percent increase.

                                                          

  Leslie Roche, Realtor e-Pro

 860-916-8008

Coldwell Banker Residential Brokerage

South Windsor, CT 06074

www.leslieroche.com

www.leslie.roche@cbmoves.com

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Rainmaker
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C. Lloyd McKenzie
Albuquerque, NM
Living Albuquerque

Good Evenig Kevin:

Your positive message is very catching.  Spreading the good news is very good way to motivate those who are currently on the fence. 

Feb 22, 2012 12:58 PM #1
Ambassador
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Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
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Thank you my friend LLoyd.  Please keep bringing the rain.   I really appreciate your hits. 

Feb 22, 2012 01:00 PM #2
Rainmaker
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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

4 percent is a large jump for any individual month.  Good news!

Feb 22, 2012 01:21 PM #3
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Florida Tolbert Team Keller Williams Advantage
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Elite,

Absolutely world class news.  I don't know where I am as I have been too busy to do much more than deposit the checks.  Some day by next April, I will count the sales up.

Feb 23, 2012 09:38 AM #4
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