The sale of existing homes rebounded during the month of December based on an index that tracks signed contracts.  Buyers are taking advantage of the deep discounts that are available right now especially in the South and Midwest areas.

The National Association of Realtors stated that its seasonally adjusted index of pending sales of previously owned homes rose 6.3 percent  to 87.7.  The reading was also up 2.1 percent from the same month a year ago.

This is a positive sign for the US housing market and could indicate that a floor is finally forming.  With home prices still falling there are plenty of bargains around for those with good credit .

Step by step we are seeing the US housing market recover, take advantage of the present buyer’s market by talking with one of our licensed agents.

Let us find you the perfect Austin home.

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