Monday, December 3, 2007

November MLS Sales

November sales figures are in, and they offer some encouraging signs. They are not as good as October, as expected, but as of Monday night, when most closings should have been reported for November, closed sales tallied 3,277 homes in the MLS system. Somewhat less than October, but a better finish than I had hoped from last week's tally. I do think December is going to be slower, but November sales do show that our market has some resiliency, and while me may not know until after January whether thinks are going to continue improving, I am starting to believe that the worst may be over.

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