Thursday, April 3, 2008

UPDATE: MARCH CLOSINGS finishes at 4,276

*A fairly accurate final tally of ARMLS closings in March is 4,276....getting back to a respectable level.

I have also heard that mortgage applications are rising, on the strength of sub 5.75% interest rates, and falling home prices. Falling prices is a temporary pain, but people buying homes is the biggest private economic driver we have in this country.

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