Coldwell Banker Regan Blog

Home Sales Hit 11-Month High!

Existing Home Sales Up 5% Over Last Year
Posted by No name on January 23, 2012 in  uncategorized
The National Association of Realtors reported that December existing home sales rose 5% over last year, and have been up for three consecutive months!  "Lawrence Yun, NAR chief economist, said these are early signs of what may be a sustained recovery. “The pattern of home sales in recent months demonstrates a market in recovery,” he said. “Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market... read more
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