New home sales surge

April 28th, 2010

Written by Greg Frost Jr.

Categories: Economy, First-Time Homebuyer, Home sales, Homebuying, Housing and Urban Development, HUD, Mortgage / Credit, Mortgage Banker News, Mortgage News, Real Estate News

New home sales rose by almost 27 percent in March, the second consecutive month of growth and the biggest one-month jump in 47 years.

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) made the announcement recently, releasing figures showing a seasonally adjusted annual rate of 411,000.

We’ve said before that you can’t try to “time the market” when it comes to housing. This news, though, must be seen as a positive sign for the economy. And if you’re considering a Branch Partner Opportunity, this could be an encouragement. We hope to talk with you soon.

Please take a moment to learn more about how Frost Mortgage can help you. If you're looking for a mortgage, please visit our Find a Loan Officer page. And if you're looking for the best Branch Partner opportunity in the business, please visit our Branch Opportunities page. Thank you!

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This entry was posted on Wednesday, April 28th, 2010 at 5:57 pm and is filed under Economy, First-Time Homebuyer, Home sales, Homebuying, Housing and Urban Development, HUD, Mortgage / Credit, Mortgage Banker News, Mortgage News, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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