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Monday, April 29, 2013

March pending home sales hit highest level since 2010!


by Yvette Betancourt

It's here and it's happening..... the seller's market.  According to the LA Times, March was the highest numbers of pending sales since 2010!  That is a 7% increase since last year's number for the same month. 

Due to the limited supply of homes for sale, the increase in sale prices have already shown. This change is affecting first time home buyers to investors. 

With this new information, will the National Association of Realtors' chief economist, Lawrence Yun, predication of median price for existing home sales to rise about 7.5% come true?

Only time will tell the true answer....only money is on a "YES"


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