Home Sales Climbing

Here is an interesting article from Reuters, written by Lucia Mutikani and sent to me by Liam Gillen from the Orlando team.
We have started to see the upswing in sale in various markets. Undoubtedly the low interest rates are helping. The very low price points fostered by bank-repossessed properties are also luring in new homeowners. Investors now have more freedom to pick these bank-owned properties due to the new 10-mortgage limit (up from the 4-mortgage limit as of 3/1/2009). All these factors no doubt help start creating more of a buying stir.
Our window is getting well-defined. Let’s make use of it.

U.S. home sales climb at fastest pace in 10 months
Mar 25, 2009 By Lucia Mutikani
WASHINGTON (Reuters) - New orders for long-lasting U.S.-made goods rose in February for the first time in seven months and new home sales rebounded, government data showed on Wednesday, suggesting the economic downturn might be easing a bit.
Read more on REUTERS.COM