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Results For Tag: home buyer tax credit

Pending Sales Are Way Up

May 4, 2012 |  Article By :   | 

Most of the signs in the real estate market are positive these days.  One big positive sign is that pending sales are way up!  For the week ending April 21st pending sales were at there highest level since 2006 with the exception of the last week in April 2010.  That last week in April of 2010 was not a true measure as it was the end of the government sponsored home buyer tax credit with a mad buying rush before the program ended.  Over the last 3 months pending sales in the 13 county metro area have increased by 22.9%.  For sale inventory is still low but not dropping as dramatically as it had been.  Click here for the statistics on pending sales.