Closed transactions for the period from 11/26/07 thru 12/25/07 were up by 376 properties from last month. An unusual trend for the time of year.
A total of 2041 homes closed the majority of which were priced under $300,000.
The inventory of homes dropped for the first time in six months.
Pending sales are also lower.
What does this mean? Next month will paint a clearer picture, but if the trend stays we could be experiencing a more active home buying market.
Thursday, January 03, 2008
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