Home buyer acivity in the Twin Cities Metro jumped a massive 59.2% for the week ending 5/28/2011 when compared to the same week last year. That marks three straight weeks of pending sale increases. The previous was a 40.2% increase, and the week before that was a 15.4% increase. My prediction was correct. I’m not bragging, it’s just simply a matter of paying attention to the numbers and trends in the maket place. A 59.2% increase no matter how you view the market is a good thing. Listing inventory is down 10.6% compared to last year at this time. Last year at this time pending home sales were down 34.6% due to the post tax credit drop off. So, an increase of 59.2% is very positive. With inventory levels down 10.6% it is a good time for you to get your home sold.
