Successful Housing Market on the Horizon

Well, that might be a pretty bold title, but it is definitely a possibility that the worst of the real estate slump is behind us and that we have nothing but increasing home sales numbers ahead of us. CNNMoney.com is reporting that the number of home sales in June 2008 rose 5.3% from May, and that these are the highest numbers we’ve seen since October 2007. I know you must be thinking “real estate is local, not national,” and that is a good thought! If that is what you are thinking, then you have definitely learned a thing or two about the real estate industry from AtlantaRealEstateForum. However, in this instance the positive real estate news is completely across the nation, especially in Atlanta, as the greatest increase in numbers was seen in the Southeast - 9.3%. So, with the market picking up in every region, and the addition of the housing tax credit, it appears as if the dark days of the housing market could be behind us and we’ll continue to see homes sales increase to bring us a stronger housing market in 2009.