Constantine Isslamow

Broker of Record

United Realty Inc., Brokerage*

387 George Street South , Po Box 178

Peterborough, ONK9J 6Y8

Office: 705-743-4444
Office Fax: 705-743-9606
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US Marking Showing Recovery.

There seems to be good news coming out of the States for our fellow REALTORS.

Although in a few recent interviews with Federal Chairman Bernanke it was revealed that the economy would probably start to slowly recover in 2010, NAR has reported a projected sales volume of 4.68 million transactions for 2009.

So what does that mean? Well, that's only slightly down from 2008 (which had a volume of 4.9 million and was the 11th best year on record). The percentage of sales of foreclosed and distressed properties has also fell recently to less than 45% of the marketplace nationally.

I hope you find this information useful.  Thanks for stopping by.

Constantine Isslamow

Broker/Manager

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