Homes Sales at Pre-recession Levels 25

home salesExisting home sales shot up unexpectedly in August to pre-recession highs. A 6.5% jump shocked the real estate world and brought sales to levels not seen since early 2007.

That’s pretty bizarre considering the obstacles still holding back the housing recovery. New home sales aren’t showing any big improvements, unemployment is still a major issue, and home prices are down slightly.

So it’s encouraging to see some good signs but I wouldn’t make too much of the news. Keep pushing short sales and you’ll be sure to find buyers for great properties. Make smart moves in your local markets by paying attention to the warning signs.

I’m happy to help out if you need some advice. Just give me a call and we’ll set up a time to talk.

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