An article in the March, 2011 REALTOR magazine with some positive news for the real estate industry…
These are the most challenging economic times that most of us have ever known. This has been a cold, long, and bitter economic winter in real estate. There are, however, hints of spring, according to NAR president, Ronald L. Phipps.
Pending home sales. In late January, we reported the fifth monthly gain in six months.
- Home Sales. We anticipate 5.43 million sales in 2011.
- Consumer confidence index. The Conference Board’s measure of consumer confidence dipped in December but was up again in January to levels not seen since spring 2010.
These are all indicators of what is going to happen. They’re consistently positive.
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