The Case-Schiller index indicates today that the housing sales improved by 0.6% this month past and that house prices have risen slightly.
Also noting that average (across the nation) house prices are down 30% from where they were in early 2006.
That is GREAT news.
We are experiencing a stronger market - our first quarter sales have been stronger than last years marginally.
Whether or not that will be sustained throughout the year remains to be seen butour Brokers are confident in the future of the Pentwater Market.
Looking at the market today it is bifurcated in that there are very good opportunities out there and yet quality homes in good locations are holding and possibly increasing in value and commanding interest from potential buyers.
So good signs all around.
Enjoy Spring - keep well
Quintus
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