We like to check in with agents to see what the market looks like from their corner of the real estate world. So when we heard that, after a long period of stagnancy, new home sales were on an upward trajectory, we had to get some local perspective.
The report from the Department of Commerce this week showed new-home sales up by 18 percent last month. That’s the most growth new home sales have had since May 2008! Locally, that could be due to a variety of factors, one of which is the high demand in the existing home market.