Here are some noteworthy statistics from the TREND MLS for the first quarter of
2012 compared to the same period in 2011.
- Closed Sales are up 12.5%
- Pending Sales are up 25.9%
- Inventory of properties is down 9.5%
- Electronic Showings are up 36%
Other
sources quote the following statistics:
- Unemployment nationally is 8.2%, in PA 7.6% in DE 7.0% and in NJ 9.0%
- Second home market was up 7% in 2011 over 2010.
- Investment purchases were up 65% in 2011 over 2010.
- Experts agree that interest rates will not go down further and will probably rise by the end of the year or in 2013.
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