CNNMoney.com reported Jan 26th, 2009 that existing home sales numbers have taken a surprise jump nation-wide. Existing home sales in December were 6.5% higher than November’s, although still down 3.5% over December 2007′s numbers. Interest rates and bargain prices are credited with bringing buyers back into the market, and hopefully this is a sign of things to come. Although we are not where we want to be, we are now headed in the right direction.
The spring could say a lot about the health of the markets both locally and nationally. We are all expecing great things from the new President, and hopefully this is a sign of great things to come.
