Pending Home Sales for October 2012 rose 5.8% over September and by 13.2% over October 2011. This is the busiest year we have had in home sales in 5 years! It is the prime time of year for buying and selling real estate. There are large numbers of homes at below-market prices & the Interest rates are hovering around 3.5% !! The home sale numbers have been increasing every month since June 2011.
WASHINGTON (November 29, 2012) – Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors® (NAR). Lawrence Yun, NAR chief economist. noted there are clear regional patterns. “Contract activity surged in the Midwest”.
If you are thinking about selling a home in St. Charles or St. Louis Counties, working with a Real Estate expert than knows the St. Charles and St. Louis County market can really help you. Sandra Meranda specializes in the St. Charles and St. Louis county home markets. Contact me for help with finding or selling your home.
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