Pending home sales soared last week to highest level in a decade. That means if you’re ready to sell, chances are there’s a buyer who wants to purchase your property.
In other words, get set for a vigorous real estate season. Mortgage rates may have inched up slightly, but they still remain at historical lows, and this increased affordability has brought home buyers out in droves.
Contract signings for home purchases rose for the third consecutive month, with the index climbing 5.1 percent month-over-month in April to a 116.3 reading. The index is now 4.6 percent higher than a year ago.
If you’re interested in selling a home or purchasing a new home or investment property call me today. I am happy to help guide you through the home buying or selling process.