After stablizing, used home sales are actually picking up. Desperate sellers and eager investors/1st time buyers are providing some much needed liquidity to the marketplace. Appears sales volumes won't much below 3,500,000. This is great news for transaction based market players who downsized during the downturn. Escrow, title insurers, agents and low end builders should be looking at strategies to increase their market share.Saturday, August 29, 2009
Used Home Sales July '09
After stablizing, used home sales are actually picking up. Desperate sellers and eager investors/1st time buyers are providing some much needed liquidity to the marketplace. Appears sales volumes won't much below 3,500,000. This is great news for transaction based market players who downsized during the downturn. Escrow, title insurers, agents and low end builders should be looking at strategies to increase their market share.
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