Home sales rise to record high since 2009

Real Estate Agent with Keller Williams Realty

Today was a huge hit to the market with the Dow falling 352 points. But dont be stressed, there is still good news! The National Association of Realtors reports that existing home sales rose 4.2% to 5.2 million. Housing prices are also on the rise, they are up 15.4 percent within the last year. Also Short Sales and Foreclosures consisted of 18 percent of the existing home sales in May.

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