According to the National Association of Realtors, the pending home sales increased 5.3% from May to June. Pending Home Sales are a leading indicator of future housing market activity, so the next Existing and New Home Sales reports may show increases as well. It seems that buyers, especially first time home buyers, are taking advantage of this market. Good to see!
More on Pending Home Sales Increase
- Atlanta Business Chronicle
- msnbc.com
- USATODAY.com
Grant
Monday, August 11, 2008
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