Pending Home Sales Show End of Year Gain

Author: Rich Barnhart

Author: Rich Barnhart

We have good news again from Lawrence Yun, National Association of REALTORS® chief economist. Pending home sales are up again and December marks the 5th straight month of increased transactions since last summer’s low. Affordability and low interest rates continue to drive more buyers into the marketplace. Watch the video to learn more about the factors affecting our real estate market in 2011.

Blog Author:

Rich Barnhart

Rich is the broker and owner of By The Sea Realty and a frequent contributor to the company's real estate blog.

What Is Your Property Worth?

Get your free Comparative Market Analysis (CMA) prepared by a local specialist.