The Census Bureau reported this week that the nationwide housing market continues to show positive signs as new home sales edge upward. New home sales are roughly 1.6% higher since the last figure from October. When compared to November 2010, new home sales are actually up 9.8%
Other positive news for the market followed as existing home sales and homebuilding are both up over the last year while mortgage rates continued to drop.
Positive news so late in the year helps for an optimistic outlook on the real estate market in 2012. Positive trends are eventually followed by rising value and prices. To speak with our friendly team about the new homes in Fenwick Island here at Bayside, contact us today before you miss out on this opportunity!