Existing Home Sales Rebound

Posted by Jonathan Kostyra on Monday, October 27th, 2008 at 12:08pm.


For the month of September, existing home sales nationally showed a surprising rebound of 5.5 percent from August sales this year. The inventory of existing homes on the market in September also showed improvement by dipping 1.6 percent when compared to August's inventory.

New home sales in September also climbed by 2.7% over August new home sales, another positive sign the home market may be finding a floor.

Hopefully the overall home market will find a footing soon and will stabilize as we head into the spring of 2009. Interest rates are very competitive right now and there are plenty of housing options to choose from.

If you are thinking about purchasing a home in the Greater Greenville SC area, please feel free to contact me for a no obligation phone consult.  As a Buyer's Agent, I work hard to secure the best pricing and terms for my buyer clients. I also work extremely hard to provide excellence in customer service.  You can reach me at: 864-525-0736.

Jonathan Kostyra, Broker & e-Pro, Open House Realty Downtown