Rural Housing, Land Market is on Fire
The housing market is looking up nationally and especially in the non-urban regions. CNBC reported a 25.4 percent increase in sales during the month of October. At United Country, we saw a 26.9% increase in October home sales versus 2012 and the numbers keep climbing.
In November, we saw an impressive increase of 37.8% in residential sales with year-to-date numbers hitting 13%. Land is once again a huge driver for United Country. We hit volumes increases of up 28.3% with farms showing a 200% increase versus November 2012 and recreational up 56% for the month. Total land sales volume are up 26% year to date.
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Existing home sales rose 7.9% to a six-and-a-half-year high in August, according to the Census Bureau. This increase is due in part to anticipation of rising mortgage interest rates. Is
Selling and buying properties aren’t easy tasks. It’s even more difficult if you are trying to do it alone. That’s where having the right real estate agent comes in. Agents