National Association of Realtors Hints at Market Turnaround with Rise in Pending Home Sales - Central Ohio Real Estate Blog
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National Association of Realtors Hints at Market Turnaround with Rise in Pending Home Sales

With a great selection of properties available at excellent prices, who wouldn’t buy Real Estate right now? Particularly in sought after areas such as New Albany and the surrounding Metro Columbus area – which has some of the most stable home prices in the country.

Well the National Association of Realtors has hinted at a spurt of activity this fourth quarter through its Pending Home Sales Index which has risen in June! It is expected that buyers will take advantage of the new provisions of the Housing Stimulus Package which come into effect in the coming months including the expansion of the FHA program.

The NAR (National Association of Realtors) Cheif Economist indicated that the data showed a housing market in transition – presumably a hint towards stability and possibly in the coming years price increases. The Columbus area is one such area that is mentioned as showing consistant year over year gains.

If you are interested in purchasing a home in one of the Central Ohio communities in the Columbus Metro area then please contact the Raines Group for professional Real Estate advice in the region. You can contact them by visiting the website: www.therainesgroup.com