Tampa's home sales have risen 60% since January!
Nationally, existing-home sales rose in July to the highest level in five months, although sales have hovered in a relatively narrow range over the past 11 months, according to the National Association of Realtors®
Lawrence Yun, NAR chief economist, said home prices in some regions could soon increase. Tampa is one of those regions! “Sales have picked up significantly in several Florida and California markets. Home prices generally follow sales trends after a few months of lag time,” he said. “Still, inventory remains high in many parts of the country and will require time to fully absorb. We expect more balanced conditions in 2009 and will eventually return to normal long-term appreciation patterns.”
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1 comment:
This is great real estate information. Great job At Home Team!!!
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