November 23, 2009 - Housing Market Looks Up, Slightly
This October saw a surprising rise in sales of existing homes, giving economic forecasters reasons to be cautiously optimistic. The overall decline in home prices, combined with an extension of the first-time home buyer tax credit, has helped to fuel the highest number of sales since February 2007.
Sales of foreclosed homes have risen slightly, but some are cautioning that this “sales spike” could decline in December before picking up again next spring.
If you are looking to insure a new home or better protect your existing property contact us, your local insurance agency. No matter what turns the value of your house takes, we will be there to help you.
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