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MI Time To Buy Statistics


Synopsis of Sales (7-08 vs. 7-07)
• Entire MLS up for seventh straight month
• Entire MLS up 15.0% over same time in 2007
Analysis:
• All Sales up for July having positive effect on overall sales totals
• Pending Sales (offers accepted, not yet closed) are up significantly in July across the entire MLS.

Key Factors/Indicators:
• Buying opportunities continue to be outstanding with a high inventory of homes priced to sell
• Interest rates remain at historically low levels
For statistical information on your area, contact a Realcomp REALTOR® today.


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