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Good News for Real Estate

The Real Estate market is showing signs of recovery. Read more in the following article from NYTimes.com

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Unexpected Jump in Home Sales in February

By JACK HEALY
Published: March 23, 2009

Sales of previously owned homes in the United States showed unexpected strength in February, offering a glimmer that the tumbling housing market may be searching for a bottom even as economists brace for another wave of foreclosures driven by rising job losses.

The National Association of Realtors reported on Monday that sales of existing homes rose 5.1 percent in February after a 5 percent decline in January. Home sales in the Northeast, South, West and Midwest all gained ground for February as buyers scooped up foreclosure properties.

“We are close to seeing a bottom in both new and existing home sales,” Michael T. Darda, chief economist at MKM Partners, wrote in a note to clients.

But all real estate is local, and whether the housing market has begun to finally scrape bottom remains a question of location, location, location.

Read Entire Real Estate Article

source: NYTimes.com

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Additional Real Estate Resources:

$8,000 Home Buyer Tax Credit - Full Details

Now is the Time to Buy - Tacoma Real Estate

Real Estate Market is Recovering

Seattle Real Estate Market Best for Speedy Rebound

Top 10 Reasons to Buy Tacoma Real Estate Now...FREE Report

Myths About Selling Your Tacoma Real Estate Home in a Slow Market

Down Payment Assistance Programs for Washington State Home Buyers

 

The Trey Affolter Team, Keller Williams Realty, always welcomes comments and is available to answer questions about Tacoma Real Estate and the surrounding cities within Pierce County Real Estate, South King County Real Estate, and North Thurston County Real Estate. 

 

253-222-6000

http://www.TreySellsHouses.com

Posted by Trey Affolter on March 29th, 2009 8:23 PMPost a Comment (0)
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