Is the Real Estate Market Recovering?


Last week The Northrop Team announced we sold 122 homes for the month of June, and it was also announced that new home sales increased for the third straight month, along with an increase in existing home sales. The Metropolitan Regional Information System (MRIS, the local MLS) has just released their Mid-Year ’09 Trends in Housing Report which outlines several trends in both the residential and commercial real estate markets. Below is a video highlighting the noteworthy points of the report. Download the full Trends Report Considering the purchase of a new home? Start your home search. Interested in a no-obligation market analysis? Tell us about your home.

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