The National Association of Realtors reported on Jan. 21, 2013 that the level of U.S. house sales reached their highest level in 5 years. In addition, it was the highest yearly increase in sales since 2004. The sale of previously owned homes had an increase of 9.25% over 2011.
This bodes well for the upcoming spring market as home buyers come to realize that home prices probably hit bottom last year. Home buyers also know that interest rates are also likely to go up as the housing recovery continues, further motivating them to buy a home sooner than later.
Century21® continues to take advantage of the market's momentum by rolling out new tools to allow Century21® agents to connect with more buyers and seller. In addition, Century21® will again be advertising during this year's Super Bowl, increasing the brands already number one position in brand awareness and driving more track to the local offices.
- Robert Geist's blog
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