New Home Sales Soar 15% in April

Market Update

New Home Sales Soar 15% in April

New Home Sales Soar 15% in April

NEW YORK (CNNMoney.com) — New home sales soared in April as homebuyers rushed to claim the tax credit that expired at the end of the month.

New home sales climbed 14.8% to a seasonally adjusted rate of 504,000 last month, up from an upwardly revised 439,000 in March, the Census Bureau reported on Wednesday. Sales year-over-year were up 47.8%.

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This may be a good sign.  Let’s pay particular attention to the Crested Butte real estate market this summer as I believe this will tell us if our market is turning around.  The buyers are here mostly with cash but financing is getting more and more appealing.  Call me for more information.

Born of the storied auction house, Sotheby’s International Realty continues to provide exceptional service and astute valuation for many of the world’s finest and most luxurious homes. I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area.

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