June Real Estate Trends – Pending Sales are Approaching Historical Peak Activity

July 25, 2014

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Sometimes the questions are complicated and the answers are simple.” ― Dr. Seuss

If you are like me, you are drawn to read every article you come across on the subject of the real estate market. Most of these articles generate more questions than answers due to the inconsistency in their conclusions. For example, in the last week I have read (reliable sources!) that new home sales are up to the highest level in 6 years and the real estate recovery is sputtering. Much of the reported news reflects the market where the reporter resides. Additionally, while the national trends are important as an overall indicator, it is our own local trends that are critical to the planning process. Read more

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