Well it's about time the News Media has said something positive about the Real Estate market. Home sales for July were up 2.5%! That may not be the gigantic gain, but it's on the plus side versus the negative side!
Currently we have under 6800 single family homes on the market. We are down from over 7000 homes on the market just two months ago. It's a sure sign that the market is starting to turn around.
The only thing getting in the way of a great rebound right now might be the Internet Rates. There are signs that the rates may go up after the first of the year. So, if you are on the fence about buying, this is probably one of the best times to purchase that home you have been waiting to buy.
There is one line that I love for those who are waiting for the market to reach the bottom. "You will never know when we hit bottom until the market starts to go back up."
As always, if there is anything we can do for you, that's what we are here for!
Have a fun night!
Mitch
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