What's New at Moore Appraisals

Pending sales of homes jumping
February 11th, 2009 7:19 AM

An index that tracks signed contracts to purchase existing homes rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest.

It was the second positive sign in the past two weeks for the troubled U.S. housing market, and may indicate that a bottom is forming, at least for home sales.

Posted in:General
Posted by David Moore (VA#5000929) on February 11th, 2009 7:19 AMPost a Comment

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