NCSDAR reports that April was an outstanding month for real estate sales and closings. The market, driven by lots of factors, not just the tax credits seems to be finding solid footing at last. The average sales price per transaction is almost two and a quarter times higher than it was last year. Listings sold volume is up, sales are up and far fewer sales are falling out of escrow due to buyers failing to qualify. Many have been affected in this area of buyers not qualifying like everyone else. This problem is also quieting down as the lenders are now getting and using clearer guidelines in qualifying buyers. This is good for everyone in our economy. If you would like a detailed home trend report for your area, email your desired zip code(s) to RobDennyHomes@gmail.com.
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