BLOG

Existing home sales highest in almost three-and-a-half years

LREG_Pending for webGood news for those selling their homes, states an article that appeared May 22, 2013 on Reuters.com. Staffer Lucia Mutlkani writes,

“Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington.”

The National Association of Realtors said on Wednesday existing home sales advanced 0.6 percent to an annual rate of 4.97 million units, the highest level since November 2009.”

Read the rest of the story here.

Posted: May 24, 2013