Thursday, June 25, 2009

Good News in New Bern?

Don't get to excited just yet. But at least it is good news based on sales and pendings this month compared to last month.

Total closed sales June 1-24=84 prices ranged of sold homes=$40,000-$699,000.
Pending sales in June to date=285

Total closed sales May 1-24=62 prices ranged from $50,000-$1,275,000
Pending sales=263

My interpertation of this data and other data is that we are at or the bottom of the housing recession. Lets hope I am right.
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