Now Is The Time!

The Commerce Department released the new home sales figures for October this week and the numbers look great!

New home sales increased by 25.4% over September - the highest level in 6 months!

Interest rates remain at historic lows and the pent up demand for housing means homes are moving faster. Nationwide the new home supply level is at a little less than 5 months.

The South experienced the largest gains with a 40% increase in new home sales.

Interest rates are expected to rise slowly as the economy improves so now is the time to buy!