Another TV Appearance? Bay Area Homes Sales Up 28%!

Comments(0) By •May 21st, 2008

The Data Quick numbers were released yesterday and after digesting them, I find them quite positive.  While it is true that over 25% of all transactions were people buying foreclosure properties, it leads me to believe that we are very near the “bottom” and the tide may be turning.  Low mortgage rates, increased conforming limits, and homes “on sale” are all contributing to the increase, the largest March to April increase EVER RECORDED in the history of DataQuick.

Watch Mike Miller discuss recent mortgage trends on ABC 7 KGO San Francisco

 

 

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