Sales Heading Up

February 4th, 2008 11:59 AM

Sales Heading Up according to Realtor Magazine! After months of downward movement, residential sales rose 0.4% in November.

The EHS (existing home sales) was 5.0 million ---- this is figured by taking the

month's actual rate of sales, multiplied by 12 and adjusted for seasonal sales difference.

Pending home sales index was 87.6 --- this measures housing contract activity. An index of 100 is equal to the level of activity during 2001, the benchmark year.

These stats seem to be in line with what we are experiencing at Lauralei Propeteries in St. Louis. While everyone says how slow it is, our real estate business have been consistently steady.

Also remember we offer choices most real estate companies don't offer:  you can list your home on the MLS for $195 - get exposure for your home and STILL sell your home FOR SALE BY OWNER!

We help you throughout the whole process! From contract to close!

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