Looking for a little good news in the world of real estate? Last week at the Realtor Convention in San Diego, Lawrence Yun (NAR’s Chief Economist), yea can’t help the name drop – it was cool to hear his address in person! – anyway – he reported the number of homes selling (or going to pending status) continue to increase – in fact, the nation has seen 8 straight months of increased sales!
Here in the Cary NC area, the local MLS association reported today the number of homes going under contract/pending status for October up 28% over October 2008 numbers! The number of closed homes increased almost 18% over the same period last year.
