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Archive for January 20th, 2012

20
Jan

Home Sales Increase

Home Sales

home sales

Bob Schwartz, real estate broker

The National Association of Realtors just reported that home sales increased 5 percent in December to the best level since January 2011 and the third straight monthly increase.

Home sales for2011, totaled 4.26 million. That’s up from 4.19 million the previous year, but, below the 6 million that economists equate with healthy housing markets.

The median home sales price in December rose 2.3 percent to $164,500. Read more »