Good news from RISMEDIA on April 29, 2011 that announced, March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buyer tax credit.
MLS Multiple Listing Service announced that In March there were 1789 new listings in Collin County, reported closed sales shows 818 in Collin County, 1029 listings were unders contract, Inventory of homes for sale in collin county is 4,544 in March. Read the rest of this entry »