What a Long, Strange Trip it’s Been
The dust is beginning to settle from the real estate market’s historic fall.
So now what happens?
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WHERE WE ARE GOING
"Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit. ..." - National Association of Realtors (NAR), April 5, 2010
The NAR reported that in February of this year, existing home sales hit 5.02 million units, 7 percent higher than last year. With data like this pointing to signs of recovery, Scotti was cautiously optimistic about the future health of the real estate market. "We are starting to see an upswing now," she said. "Growth will be relative to the individual markets served, but for most agents, I do believe the worst is over."
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Nichole Stella
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Nichole Stella is group president/publishing director of Promo Marketing Media Group, which consists of Print+Promo, Promo Marketing and NonProfitPro.
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