Things are starting to run around for home sellers and real estate firms!
The latest housing market report shows the strongest numbers the Tri-lakes area has seen since prior to the recession.
According to Doug Lay, Interim Director of the Tri-Lakes Board of Realtors, the report is the best the local market has generated since 2007. He stated that factors aiding in the rebound include an improving economy and rising consumer confidence in most areas not related to fuel costs. Also, historically low mortgage interest rates are also a contributing factor.
The report lists 192 sold listings through the first quarter of 2012, which is a 25% improvement over the previous year. Pending listings are up more that 36% year to date.