(Community Matters) Read ABJ headline and wondered, hmm, do I believe these numbers. At first look – up in February from January ’09, thought, well duh! Then read, also up from February ’08 on the West Coast – this possibly something to crow about. Would have to dice and slice to understand better.
Nevertheless, the article made me think of a friend in another state who has been sitting on substantial dollars waiting to buy his first home. Never could pull the trigger during last five years because the market made no sense. Rates at our generation’s lowest ever and prices have dropped – in some places a lot. Not sure how much demand is in this backlog but a welcome uptick nonetheless.
Community Matters 