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Health & Fitness

2013 New Home Sales Climb Surprisingly High

Per RISMedia, Home sales in 2013 were up 16.4% over 2012.  "Consumers are getting used to more realistic mortgage rates, which still remain favorable on a historic basis" says National Association of Home Builder's Chief Economist David Crowe.  "As household formations and pent-up demand continue to merge, we anticipate that 2014 will be a strong year for housing."    

Additionally, the inventory of new homes fell in February, resulting in a record low five-month supply at the current sales pace.  Most home owners, waiting to make a move, wanting to know that they will succeed in selling their house so that they can either downsize, relocate, or move up are expected to enter the market in record numbers.  Those first will certainly find their properly presented homes  receiving multiple offers in the first few weeks on the market.

If you've been waiting to take advantage of optimum market conditions, the time is now.  Call Fredda first to help prepare your home for the market with the ultimate in staging, photography, and presentation both in print and on the web.  Go to www.FreddaFirst.com or call Fredda directly at 203-452-5556. 

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