EVEN MORE GOOD NEWS!
March 25, 2009 by kenduncan
Filed under News / Comments
More Good news
U.S. government: Home prices up 1.7 percent month-to-month
WASHINGTON, DC – March 25, 2009 – U.S. home prices rose 1.7 percent on a seasonally-adjusted basis from December to January, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index. This could be the start to a turn around in the housing market our only advice to people who are thinking of buying not to waste much time as houses are selling and selling fast in some areas.
The Commerce Department said sales rose 4.7 percent in February to a seasonally adjusted annual rate of 337,000 units from an upwardly revised January figure of 322,000. Even after the revision to January’s sales results, the month remained the worst on records dating back to 1963.
South Florida Realtors report a 5 Month increase in sales as high as 35% over last years sales records. These figures just released by The Commerce Department and the recent 5 month sales figures reported by The Realtors Association of Florida are proof that South Florida is a very popular place for investors to buy. Dean Gasabi from International Agents reports that he has buyers from all over the world interested in South Florida ” I actually needed to ask my wife to help me due to all the inquiries. It is amazing within 4 months from no business now I have to much business”




Kenneth Duncan Real Estate Agent