As a follow up to the most recent blog post:  Pending home sales were up again for the fourth month in a row. The last time that happened was right at the beginning of the last real estate boom.  I am not implying that that is what this means...just that it is a good thing.

Locally there has been a slight drop in pending sales in week, but I am sure that happens at the end of each month since that is when most closings are scheduled.  I anticipate that they will nudge upward as we get further into the month.  I will let you know if that happens.

Below is a AP article about this very topic.

 

http://www.pressofatlanticcity.com/news/ap/nation/article_e8040316-2e96-5d74-a9f0-9c39e03ad483.html

 

Have a Happy and Safe Fourth of July!!!!

 

Ralph