Sales of existing homes take an upswing
March 25, 2008 at 6:23 am , by Jenel Looney
According to an article in the Statesman this morning, sales of existing homes rose 2.9 percent in February. The experts had expected a small decline, so this increase took them by surprise. (I’m not sure what they mean when they say “a seasonally adjusted rate,” and the article doesn’t explain it. I’ve been very busy lately here in Georgetown, and I’ve been receiving calls and emails from new buyers with some regularity. Our upper-end price range is still suffering from slow sales, but I’m hopeful that they will rise as summer approaches.
As far as new home sales go… Anecdotally, I can tell you that the sales agents of a couple of builders with developments here in town - Green Builders and Taylor Morrison Homes - told me that they’ve seen an increase in sales lately. Swing through a neighborhood with new homes, and you’ll see lots of “Sold” signs in the yards these days. If you’re interested in buying a new home, please call me. I can help you find the neighborhood and the builder right for you. My number is 512-876-6544.
Category Georgetown Real Estate / Tags: /
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