5.27.2009

Existing Home Sales Rise AGAIN!!!

I was reading the news this morning and saw this Yahoo! article telling me that existing home sales rose 2.9 percent from March to April. What great news! We are starting to see a trend. Homes are selling. People are buying existing homes. People are building new homes. The housing market is turning around, especially here in the DFW area. But, you know what was buried in the article which may be even better news? The fact that home prices are down 15.4 percent below the levels from last year. That means that not only can you sell your home, but you can get a new home, your dream home, for much less than you could have a year ago. But, with new and existing home sales on the rise, these prices will not stay low for much longer. It appears that we have hit the bottom and are on the rise again. That is great news. Get out there and get your dream home while you can afford it.

Here is the article:
Existing Home Sales Up 2.9%

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640