Jan. 30, 2013
Good news when it comes to Greenwood Real Estate as well as on a National level! The National Association of Realtors recently reported that total existing-home sales, (completed transactions that include single-family homes, townhomes, condominiums and co-ops) rose 5.9 percent to an adjusted annual rate of 5.04 million in November from a downwardly revised 4.76 million in October, and are 14.5 percent higher than the 4.40 million-unit pace in November 2011. Sales are at the highest level since November 2009 when the annual pace spiked at 5.44 million.
If you are thinking of buying now is the time. Selection is increasing and interest rates aren't! That's a good combination. I have buyers from many "distressed" housing markets letting me know that after a long wait their house is FINALLY under contract! Real Estate is local but far-reaching. Conditions are improving in the "troubled" spots which means the clogged pipeline is opening one sale at a time. For some it's been as much as a 3 year wait but their search for Lake Greenwood Property is underway! Lakefront lots on Lake Greenwood are still at 6 year lows and financing is available. Worried about selecting the right builder? Email The Bradshaw Group and we will be more than happy to get you in touch with some of the best builders in the Greenwood area. Rest assured, we won't lead you astray!?
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Jan Bradshaw, Your Lake Greenwood Realtor
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Source: http://www.lakegreenwoodproperty.com/blog/time-buy-greenwood-real-estate/
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