Thursday, September 24, 2015

Global Instability Potentially Helping Home Sales

Posted To: MND NewsWire

Home sales, including both single family and condominiums, are on track to reach an eight year high this year according to RealtyTrac's August U.S. Home Sales Report. This record-setting pace is present both nationwide and in 54 percent of the 204 counties in which the company has compiled sufficient sales data. By the end of August year-to-date single family and condo sales totaled 1,947,028 units, up 5.4 percent from the number sold in the first eight months of 2014 and the highest number of sales during a similar period since 2007's 2,069,963 unit sales. There were 110 counties on track to set new eight year highs , 58 (28 percent) headed for nine-year highs, and 22 (11 percent) that could reach a 10-year record. In that top category are Denver, San Diego, the Florida markets of Sarasota...(read more)
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from Mortgage News Daily http://ift.tt/1YDqrtL

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