The good news is that January pending sales are up 52.5% compared to the previous year. Perhaps the snowbirds who didn't write offers in December, came out and made purchasing decisions in January.
Hopefully this upward trend will continue and be based on good value in the market place, low interest rates, and pent up demand for housing.
1 comment:
I'd be curious to know about the pending sales. short sales/bank repo or no? and how many of them were price drops from their original listing?
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