Published: June 2, 2009
Lower prices and attractive mortgage rates are breathing new life into housing, with one measure of sales posting its fourth increase in the last five months.
To continue reading, go to: http://atlanta.bizjournals.com/atlanta/stories/2009/06/01/daily24.html?surround=etf
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* Tracking pending sales is great way to see what's happening NOW! But, is a bit unreliable due to the % of sales that don't ulitmately close. Primary reasons that a sale wouldn't close: inspection/repair issues, buyer unable to obtain financing, and a low appraisal. That's when an experienced agent is invaluable.
Catherine Nesset
Coldwell Banker Residential Brokerage
404-788-7444
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