Good News for housing!
New Home Sales actually INCREASED….
According to data released this morning by the Commerce Department, sales of new homes hit a seasonally adjusted annual rate of 307,000 in October, up 1.3% from the previous month and up 9% from October 2010. While demand is still weak — in a healthy housing market roughly one million new homes sell each year — some experts see the uptick as a sign the long-suffering new home market may be on the mend. Call me now for your New Home!
David Lee Morton is licensed in North and South Carolina. Serving your real estate needs for over 15 years.
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