Home Sales Rise
From Reuters: U.S. existing home sales notched their third montly rise in June in a sign the housing industry was slowly healing. The National Assoc. of Realtors said on Thursday that sales in June rose 3.6 percent to an annual rate of 4.89 Million homes. The NAR state it was the first time the industry had experienced three straight months of gains since early 2004.
The Kingman real estate market is following right along with national stats. Kingman home sales have seen a small but steady increase over the last 6 months, with Kingman foreclosure homes leading the way. We have seen very few foreclosures come on to the Market in Kingman, and the ones that do, are usually receiving multiple offers, and selling for 10-20% over asking price, providing they are in good condition.
Have questions about Kingman, AZ real estate market? Dont hesitate to call us for upto date lists of available homes in Kingman, commercial property or investment land in Kingman.
Posted at 09:17AM Jul 24, 2009 by Dwayne Patterson in General | Comments[0]