Sales rate of resale homes climbs 44% year-over-year
The sales pace for resale homes rose for the third straight month in November, climbing 44.1 compared to the same month last year, according to the National Association of Realtors
Sales reached a seasonally adjusted annual rate of 6.54 million, up 7.4 percent compared to October 2009. This rate is a projection of a monthly total over a 12-month period, adjusted to account for typical seasonal fluctuations in sales.
Regionally, the sales rate rose about 53.5 percent in the Midwest, 52.7 percent in the Northeast, 44.8 percent in the South and 28.1 percent in the West year-over-year in November
Real estate agents and brokers typically look forward to spring season when homebuyers come out in force, but In both Stone Harbor and Avalon, we have seen an uptick in sales over the last few months.
Make your move. 2010 looks good if you are a buyer or a seller.
Happy New Year!
Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate
or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521
Please visit The Address For Luxury Real Estate at http://http://www.nancymalexander.com// . I'd love to be your Realtor
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