Thursday, July 16, 2009

More signs of a real estate bottom as home sales, median price climb

Excerpts from the Mercury News site's article: The number of previously owned single family homes sold in Santa Clara County jumped 31 percent in June in another sign that the market has hit bottom, helped by the greater availability of mortgages.
The sales were boosted by improved mortgage availability and a perception that prices have bottomed out.

Yes, this article is about the Bay Area of San Francisco. However, the good news is that if one of the hardest hit markets in the nation is recovering, then it is good news for everyone.

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sasi July 17, 2009 at 8:35 AM  

its really a good thing for the people..............
Boise real estate