The National Association of Realtors released data yesterday showing that existing home sales nationally were down 3% for the month of September. Even though sales were down, the numbers were still above the levels from September 2010. In the South, home sales for September were actually 10% above the levels from one year ago.
It is important to recognize the overall picture when looking at these numbers. While things could be better, they could also be much worse. It appears we are doing better than last year. Let's hope for a strong finish in the next few months as 2011 draws to a close.
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