In my last post we were discussing pending home sales (residential) but construction numbers slightly dipped to 0.2% in the month of July. Private residential real estate construction spending increased to 2.3% but private commercial spending dropped to 1.2% which supports the research of my last post that residential real estate is continuing to stabilize [...]
Published by Dwaine Clarke //
From the entire team of Clarke Real Estate Group, we would like to wish you a great and relaxing Labor Day. We work hard to bring you straight edge unbiased real estate news on our current economy and ways you can take advantage through alternative investments. Have a great day with family and friends and [...]
Published by Dwaine Clarke //
Posted on September 7th, 2009 in Housing Market
Pending Home sales data was released earlier this month and some more interesting and exciting news for the market. The National Association of Realtors released that pending home sales climbed to 3.2% in July which is double what economist predicted. Some more interesting news is on a year to year basis, the pending sales index [...]
Published by Dwaine Clarke //