Thursday, October 25, 2012

New Home Sales Up 5.7%

The Commerce Department reported new home sales rose 5.7% in September from the previous month to the highest rate in more than two years as the housing  market continued to surge.

The nation's home builders sold houses at an annual rate of 389,000 in September. That was an increase of 5.7% from August and 27% more than last September. It was the highest level since April 2010 when a federal home buyer tax credit boosted sales

 Job gains, low mortgage rates and pent-up demand are driving sales, now that the economy is healing after the recession. New home sale in Bend Oregon are also up.  To see new homes currently for sale in Bend see our web site LINK to New Homes for sale in Bend Oregon.  Please call Bend Oregon Real Estate Expert today for help in finding your new home.

2 comments:

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Central Oregon Car Insurance said...

This is great news for Bend Oregon Real estate, hopefully more people will catch on and want to move to bend Oregon once they see the great homes for sale in this area.