Pending home sales rise 5.3 percent in March

Market Update

Pending home sales rise 5.3 percent in March

Looks like the market is picking up and after yesterdays drop in the stock market I suspect we will see even more money going toward real estate transactions.  The key word in real estate is real of which the stock market is this entity that no one can grasp.  I think we will be reporting some good numbers by the end of the year for real estate.  I’ve seen the signs in Crested Butte as prices have dropped more than 50%.  If you ever need help with real estate in Crested Butte, please do not hesitate to call me.

I relocated to Crested Butte in 2005 from Denver where I still own investment properties that I have nurtured over the previous 11 years.  I have been deeply involved in real estate purchasing, selling and investing since 1999. Having lived in Crested Butte for five years as a licensed REALTOR in the state of Colorado, I have created a successful business and client base focusing on residential and commercial property. I am personally invested in multiple real estate ventures in Crested Butte and I’m bullish on the Crested Butte market from the perspectives of both a real estate agent and owner. I couldn’t imagine living
anywhere else in the world.

Regards,
Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

Pending home sales rise 5.3 percent in March

Highest level since Oct. and a 21 percent rise from same month a year ago

WASHINGTON – The number of buyers who signed contracts to purchase homes surged more than expected in March, another sign that government incentives are propelling the housing market this spring.

The National Association of Realtors said Tuesday its seasonally adjusted index of sales agreements for previously occupied homes rose 5.3 percent from a month earlier to a reading of 102.9.

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