November 9th, 2011 closed transactions surpassed 2010 sales at the same time last year.
What does this mean? At this point, it indicates that 2011 is heading towards a better year end than 2010. Now just because we are ahead of last year at this time doesn’t necessarily mean that we will finish 2011 with more sales, but as of November 9th, 2011 is ahead. In fact, as of November 18th, we closed 71 more transactions than the same time a year ago. This is a good sign that our housing economy is well into recovery especially considering that we did not have a tax credit stimulus this year!
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