National & Scottsdale AZ Real Estate is Looking Good Today

By Tony Marriott • February 3rd, 2010

Graph 2

The real estate market has been all over the map, today sales figures are looking good

The national and Scottsdale AZ real estate market has been all over the map, today sales figures are looking good

Up, down, sideways, back and forth, it sounds like a game of hopscotch but is actually the way the economy, recession and real estate market have been moving.  Mastering what is going on has had experts and professionals confounded, wondering how we can all come out ahead of the game.  However there is one aspect that most can agree on - good news is great to hear.

Today’s headlines show that overall real estate contracts are up in volume.  That, of course, is good news for housing affected stocks, as they increased in price.  Some believe that the spring buying season is starting early.  December is rarely, if ever, thought of as a Spring month but December showed that the Pending Home Sales Index is up over 10%.

There is no doubt that the real estate industry is faring better than a year ago.  To continue this growth trend: job growth needs to improve, interest rates need to remain low, and consumer confidence has to continue growing.  So far though, 2010 is looking better than 2009 and hopefully the national and Scottsdale AZ real estate sales will continue to rise.

Click here for an article at Yahoo Finance about good news in the real estate market and its effect on the stock market.

Tony Marriott, a Scottsdale AZ Realtor, can help you search for Scottsdale Short Sale homes

Tony Marriott and his team can be contacted at 888-577-6585 or email them to schedule an appointment today!

Comments are closed.

 

« | Home | »