This is the highest number of sales since September 2013. Sales have increased year-over-year for six consecutive months and the 10.4% increase is the highest annual increase since August 2013. March's sales increase was the largest monthly increase since December 2010.
Lawrence Yun, NAR’s chief economist, explained:
"After a quiet start to the year, sales activity picked up greatly throughout the country in March. The combination of low interest rates and the ongoing stability in the job market is improving buyer confidence and finally releasing some of the sizable pent-up demand that accumulated in recent years."
Now is the time to sell your home to get the best price in this market. Summer months are coming and this is the ultimate time to have your house on the market to get the best price and sell fast. Don't miss this opportunity before mortgage rates climb and buyers slow. Call Jodi Salazar today to get your FREE (CMA)Comparative Market Analysis on your property. Direct Line: 714.612.6446 (call or text) or visit her on the web at www.HomesByJoSal.com .
