Wednesday, December 30, 2009

Real Estate Outlook: Housing Recovery/Realty Times

The real estate recovery continues to roll along with a big 7.4 percent jump in home resales last month, according to the National Association of Realtors.

The current sales pace is 44 percent higher than it was the year before, including detached single family homes, townhouses, condos and cooperatives.

Equally important: Sales are up in every region of the country. They rose by 6.6 percent last month in the Northeast, 8.4 percent in the Midwest, 5 percent in the South, and nearly 11 percent in the West.

Click here to read the entire story:  Realty Times - Real Estate Outlook: Housing Recovery

Forbes Real Estate Today