Thursday, March 31st, 2011

Sales agreements rose 2.1%

The National Association of Realtors announces that last month the sales agreements rose 2.1 percent to a reading of 90.8 percent.  What does this really mean?  While 100 is considered a healthy level, this is still a very good sign and shows a 19.6 percent increase above June’s index reading, the low point since the [...]

Saturday, March 5th, 2011

Nice Uptick in Lending

There has been one pretty significant piece missing in the recovery for Southwest Florida.  That has been mortgage lending.  That is now changing.  The numbers are now up and looking like they are going to continue in this encouraging direction.  In fact, during the 3 months ending on January 31, 2011, there has been a [...]