Pending Home Sales Up for Third Month in a Row

Good News out of Washington for the Real Estate Market!! Indicators released out of Washington, for June 2009, point to good activity for real estate. The Pending Home Sales Index is up for the third consecutive month from 84.6 in March to 90.3 in April. This is a 6.7% increase from last month and 3.2% higher than April last year.

Pending Home Sales Up
Pending Home Sales Up

National Association of Realtors announce that “housing affordability conditions have been at historic highs”. These markers of increasing activity are certainly assisted by low mortgage interest rates and the first-time buyer tax credit. 

With official news like this hitting the media, timing is perfect to contact Jason White to check out great buys in the Smoky Mountain Real Estate or to explore listing your property for sale with a consistant leader in Smoky Mountain Real Estate sales.

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