HOME SALES INCREASE BY 18.58% FROM SAME TIME LAST YEAR

New home sales cannot keep up with demand right now.  300 houses sold November 2014 as compared to 253 units sold a  year ago, according to Greater Association of Realtors (GTAR).  November sales were actually an 18.7% slump from October 2014.  It is a good time to buy as interest rates still LOW, but the inventory is low.  It is a 7.6 month inventory to sell a house in November or 9.5 months a year ago.  To build, building costs are on the rise 14.2 % from a year ago.  A median price home for November was $159,450.  Most homeowners are buying the “right way” by putting down 10 to 15%.  IF YOU NEED TO BUY, NOW IS THE TIME & CALL BAIN REAL ESTATE AT 903-561-4346.