Housing Market Improving…. slowly.
Positive news for the housing market…..Pending home sales rose again in November 2010, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®.
“All the indicator trends are pointing to a gradual housing recovery,” Yun said. “Home price prospects will vary depending largely upon local job market conditions. The national median home price, however, is expected to remain stable even with a continuing flow of distressed properties coming onto the market, as long as there is a steady demand of financially healthy home buyers. Lawrence Yun is NARs’ (National Association of Realtors) Chief Economist.
Looking for a great home at a great price in Maryland ? I can help !
Vicki Reyes, Associate Broker
Remax Town Center
301-452-0157 cell
