Kalamazoo Gazette: Area home sales continue upward trend
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Homes sales in Greater Kalamazoo ended 2012 on a positive note, up 23.3 percent for December versus the same month a year ago, reports the Kalamazoo Gazette. And for the year, homes sales were up 18.9 percent, according to data provided by the Greater Kalamazoo Association of Realtors. Association members reported 328 residential sales in December, up from 266 in December of 2011 and up about 2 percent from the 319 houses sold in November.
Excerpt: “Consumers’ increasingly optimistic attitude about the real estate market combined with low mortgage rates and rental price increase expectations could spur those waiting on the sidelines to buy a home sooner rather than later,” 2013 GKAR President Shelly Pattison said.
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Source: Kalamazoo Gazette
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