Good news in the Midwest! The National Association of Realtors came out with their Existing homes report. The figures in the infographic below reflect the activity in July.
Home sales are UP 1.7% - more homes sold in July than June!
Prices are UP 4.1% compared to last July. Good news for sellers!
In my area, this is what I have noticed. More houses are hitting the market. Buyers had a pretty busy summer. Lots of running around looking at houses for this agent! FHA appraisals are all coming back with required repairs, and hardly anything is closing on time! This again is because lenders are busier than they were a few months ago - good signs of recovery.
I hope you enjoyed your Labor Day Weekend - my big house project this weekend was getting my dull hardwood floors cleaned and shined, while my husband finished up our master bath touch ups. What a difference! Did you have any big projects this weekend? Tell me about them in the comments!


No comments:
Post a Comment