For the first time since November 2005 national homes sales rose 1.4% in September 2008 over September 2007 figures. These figures were reported today by the National Association of REALTORS. Lawrence Yun, NAR chief economist, said more markets are seeing year-over-year gains. “The sales turnaround which began in California several months ago is broadening now to Colorado, Kansas, Minnesota, Missouri, and Rhode Island,” he says. “The South was hampered by much lower home sales in Houston in the aftermath of Hurricane Ike.”
According to the Cheyenne Multiple Listing Service September 2008 Statistics total Sales for Single Family/Rural Residential/Townhome have increased approximately 16% over September 2007 figures. The average list price to sale price for the month of September in all three catagories was 98%.
It's a great time to buy real estate.
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