Real Estate Agencies

Financing is harder and harder to come by.  Recently, February 2011 sets a new record, as 33.7% of homes were purcahsed with cash, nearly a 7% incrase from February 2010 according to NAR.  Investors are responsible for purchasing 23.5% of homes sold in February, an indication that investors are coming back into the market.  However, an a recent survey of 3,000 Realtors, the average sales per month for these agents went from 2.1 closings in January to 1.7 closings in February an indication that might look like a rough start spring.  For more information on the full article .