The Southern Oregon Real Estate Market Recovery
There’s nothing like good news even if it is in small increments. For the month of March, pending home sales nationwide showed a gain of 3.2% over February. This gain is the 2nd consecutive increase in pending sales and it may signal the start of an economic recovery in the housing sector for the nation and the Southern Oregon real estate market. This increase may also explained by the first-time homebuyers tax credit of up to $8000 that has motivated some buyers to get off the fence and finally make a contractual commitment to buy.
Additionally, on May 4th, there was a show of support from the Stock Markets driven by the better-than-expected data from the housing market. The Dow Jones Industrial Average Continue reading The Southern Oregon Real Estate Market Recovery
More on Topics: Estate, Oregon, Real, Real Estate, Recovery, Southern, Southern Oregon, Southern Oregon Real Estate, Southern Oregon Real Estate Recovery
Posted May 13th, 2009 in Grants Pass Real Estate, Green Real Estate, Michael Masters By Keyboard Culture| No Comments »
