Monday, August 25, 2008

INCREASED SALES

This from MSNBC BUSINESS this morning:

WASHINGTON - Sales of existing homes rose 3.1 percent in July, easily beating Wall Street’s expectations. The National Association of Realtors reported Monday that sales rose to a seasonally adjusted annual rate of 5 million units. Sales had been expected to rise by only 1.6 percent, according to economists surveyed by Thomson/IFR.

Buyers are wising up out there. There is no apparent reason to hold back. Now is the time when good deals can be made on excellent properties.

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