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May 28th, 2008 12:44 PM by David W. Welch
With just a couple of days left to close out May, there are 882 closed sales with a median sales price of $210,310. The number of pending sales has cracked the 3,400 mark, and new contracts written this month stand at 1,737 which is slightly ahead of April's pace. Properties categorized in some stage of foreclosure have edged up to 4,689.
I am very happy to see our numbers continuing to improve each month. Another encouraging number is the interest rate for a 30 year fixed mortgage dipped below 6% nationally.