Monday, January 31, 2011

Pending home sales continue to increase

Rismedia: Pending home sales improved in December 2010. In South Florida, pending home sales [the number of listed homes and condos that went under contract] has increased each month. Although the number of homes and condos being sold continues to increase, prices have not. As fewer homes go on the market and more homes are being bought, the number of homes for sale decreases, which should lead to price stabilization.

Want to know what's going on in your neighborhood? Contact me for a confidential and no obligation evaluation.

Lori Fein, MBA, Realtor, Prudential Florida Realty 305-336-1272/
I give you the information to make smart decisions.

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