Existing-home sales jumped in March to their highest annual rate in 18 months. NAR Chief Economist Lawrence Yun says the jump comes from cold-weather delays, but also an improving economy, job creation, and still “amazingly low” mortgage interest rates. The same is true in our local market with increasing sale prices and higher numbers of homes being sold year-over-year. 2015 is shaping up to be a solid year for real estate locally.
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