MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016
By Bo Kociuba, Realtor - Mustang, Yukon & OKC Metro 405-812-1572
(McGraw Realtors )
MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016MUSTANG OK 73064AS OF DECEMBER 4, 2016INFO THAT HITS US WHERE WE LIVE ... Those of us who are optimistic about the housing market were well looked after last week. The National Association of Realtors (NAR) reported Pending Home Sales in October hit their highest pace since July. This was only a slight gain over September, but 1.8% ahead of a year ago. The NAR's chief economist pointed out, "buyer demand has remained strong...in a majority of metro areas." The evidence? Of the homes purchased in October, 40% sold at or above list price, versus 33% a year ago. And the NAR predicts existing home sales will end the year at a 5.36 million annual pace, up from 5.25 million in 2015.BUSINESS TIP OF THE WEEK... Looking for more time? Get organized....
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