Real Estate Market Conditions on the Rise
April 2nd, 2009 admin
There is been mention of rising conditions in the real estate market. I would speculate that has a lot to do with the costly & drastic measures the Obama administration is taking to pull the economy out of the worst recession in a very long time.
According to an article in Realty Times… “Market Conditions”
by Realty Times Staff
“The National Association of Home Builders is reporting a 4.7 percent gain in new-home sales in February, which comes as welcome news.”
Many speculate that in order for economic recovery to happen, the real estate market first needs to stabilize. So a 4.7% gain is great news… and just in time for spring when the housing market tends to start picking up after a long winter.