Wednesday, September 12, 2012

Falling Into the Best Time of Year for Home Buyers

AOL Real Estate is reminding us that the real estate market supposedly shines in the spring and summer sun, but fall is where the deals are found.

 Existing home sales are up more than 10 percent since last year, while the price of those homes has risen 9.4% over the same span, according to the National Association of Realtors.

Meanwhile, the backlog of homes on the market has dwindled 31 percent from a more than nine-month supply of 3.15 million last July to a 6.4-month supply of 2.4 million this summer.

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