Home Sales (and interest rates) on the Rise

By
Real Estate Agent with Prudential Georgia Realty

Existing home sales rose nationally last month.

These are the results Realtors have been expecting for quite a while now!  With home supply so high, historically low interest rates, motivated (even desperate) sellers, etc., we've been expecting home sales to increase.

To see the complete article, click on the link below: 

http://www.realtor.org/RMODaily.nsf/pages/News2008062601?OpenDocument

Remember, one thing you can count on when home sales continue to increase...higher interest rates!  Are they already on the rise?  You bet they are!  Click on the link below to see the latest data:

http://www.realtor.org/RMODaily.nsf/pages/News2008062702?OpenDocument

I've said it before and I'm going to continue to say it...if you're "on the fence" about whether to buy now or buy later...buy now while the conditions are in your favor!!!

 

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