Health & Fitness
National Trends in Real Estate
Positive trends in home sales, delinquency rates and foreclosure filings...
Things happening nationally impact what happens locally, in real estate. July saw some positive national trends:
Pending home sales, in the US, rose 2.4 percent in July, the latest month that figures are available. This was their highest level since April 2010.
Mortgage delinquency rates are down as the NY Federal Reserve Bank reported a decline of 6.3 percent from the previous quarter. The Fed also reported that new foreclosures were still being filed, but the number filling (256,000) was the lowest since mid-2007.
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