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Friday, April 01, 2011

Prediction: New Home Sales Will Come Back Big

I just finished reading an article on CnnMoney.com talking about a predicted short fall of new homes in the future.

The study states there is currently a 2.5 month supply of new homes if we see normal levels of buying.  And, if that happens there would be a shortage. 

Of course the study does acknowledge that not all markets will bounce back equally.

Being a real estate is very local type of person” I don’t know if there will be a shortage in the future.

I do know that with attractive prices and lower interest rates it is indeed time to buy real estate in Brevard County, Florida.

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