Just in time for New Years, the National Association of Realtors (NAR) released its latest resale home figures for the month of November.
This is a national figure and really is not localized for the Phoenix area at all but, since it is positive, I thought I'd pass it along.
NAR reported today that resale home figures for the month of November, ROSE 0.4% nationally. Not really a great figure but at least it was positive.
Another encouraging sales figure is that new home sales (again nationally) were LESS than new home permits. This means that the resale home competition from new builds is decreasing. Good news for existing home sellers.
Happy New year to you all.
Richard
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Thanks for joining in the discussion.
Richard