We finished the first Quarter of 2010. We have never had so many properties changing hands on March month since several years ago. I always have said that numbers do not lie, so let me show you some interesting data.
Basically in every single category 2010 sales surpasses easily to 2009. People are buying new homes and also re-sale homes in a consistent basis.
I think every home owner or future homeowner should be very interested in see how the home prices are increasing in their neighborhood, and obviously how much you are gaining in equity. Single-detached homes year to date has increased 13% compared with 2009 prices. This is a huge increase.
Mortgage rates continue to be very attractive and living in a great and reliable region makes demand of houses to increase.