Local Real Estate Executive Sees Signs of Improving Market
Last year started with record low sales levels. However, closed sales increased every month, culminating with the fourth quarter netting sales higher than in 2008. Additionally, the decrease in prices combined with low interest rates means that housing affordability is at its best level in recent history. Add the tax credit extension to that and the results are far more encouraging for economic improvement in the Triangle housing market.
Stacey Peter Anfindsen
Treasurer, Raleigh Regional Association of Realtors
This is an excerpt from a letter to the editor of the Raleigh News and Observer that appeared on 2-10-10
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