Good News in the National Housing Industry

Posted by Jonathan Kostyra on Monday, August 25th, 2008 at 7:49pm.


Some Good News in the National Housing Industry

Existing Home Sales jumped last month by 3.1 percent to 5 million units per year, the largest gain in 17 months. National Home sales have hovered around 5 million units for the past 10 months according to the National Association of Realtors. Hopefully this means the market has stabilized and is finally finding  the bottom.

As a relocation specialist serving Greenville, one of the biggest hurdles for buyers wanting to move here is getting their homes sold in other states and areas.  The market here is slower as well but stable. So this information is good news and hopefully heading into 2009, things will continue to improve. Many analysts predict a bottom to the housing market soon!

 

Jonathan

Broker Open House Realty Downtown