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Buyers Are Back To The Table

By Judi Desiderio, Friday, April 09, 2010
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Don’t miss out.. you’ll be kicking your self and talking about the house (or property) you should’ve, could’ve, would’ve bought “back in 2010!”

The stats are in, the number of home sale buyers who agree to purchase a previously occupied home rose sharply in February according to the National Association of Realtors– far greater than predictions– The seasonally adjusted index of “O&A’s” (offer & acceptance) rose 8.2% from January to a February reading of 97.6. January’s reading was 90.2.

Here on Long Island we saw 1,555 contracts in February which was a 28.5% increase from January’s 1,210 according to MLS. These MLSLI (Multiple Listing Service of Long Island) are comparable to the NAR (National Association of Realtors) report on O&A’s accross the country.

The spring selling season is off to the races… don’t get left in the dust!