Existing home sales spike
April 6th, 2010
Written by Frost Mortgage
The Albuquerque Journal reports today that sales of existing homes rose “sharply” both in our home base of New Mexico and across the country (subscription required). The National Association of Realtors index rose by 8.2 percent; it had been expected to decline slightly. The measurement often points to a trend, since a signed sales agreement can trail a final deal by one to two months.
If you’re in the market for a home, Frost Mortgage is the place to turn. We’ve been helping homebuyers with FHA and VA mortgages since 1991, so please call us today and let us show you why we don’t just close mortgages, we open doors.
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