According to HousingWire, real estate franchisor RE/MAX says home sales increased from July 2011 ten percent to this July, marking the 13th straight month of sales increases, even considering a nine percent drop this past June. Forty-four of 53 metro areas covered in the RE/MAX survey reported an increase, and nearly half saw a double digit rise from a year ago July. Sales rose nearly 30 percent in Chicago, 33 percent in Phoenix, and over 38 percent in Providence, R.I. The median sales price was up 3.7% July 2011 to July 2012. As MHProNews has learned, houses that did sell in July were on the market almost a week less than July 2011.
(Photo credit: Matt Heafey)