As U.S. home prices continue their monthly gains, more confidence is building that the housing market is stabilizing. While winter home sales and prices will most likely provide a short dip in statistics, fall sales have been particularly encouraging.
October home sales rose over 10% this year, creating a surge in the stock market and further confidence in real estate. The sales beat the predicted estimate of a 1.4% increase, and was attributed in part to the first time home buyer tax credits.
http://seattletimes.nwsource.com/html/businesstechnology/2010344301_webcaseshiller24.html
Sam DeBord and Brian Wiegand
Sam DeBord and Brian Wiegand
Seattle Real Estate Brokers
SeattleHome.com
(206) 552-8820
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