Wednesday, January 6, 2010

Pending Home Sales Higher Than Last Year

More good news for the housing market! According to the Pending Home Sales Index (a popular index for predicting the housing market) pending sales have increased since this same time last year.

The Run-Down:

1. Northeast up 14.7%
2. Midwest up 9.2%
3. South up 14.7%
4. West up 21.4%

Pretty interesting stats. Not out of the woods yet, but things are definitely looking up!

source: realtor.org

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