Welcome to Glass Slipper Homes: Your Path to the Perfect Home in Madison, Wisconsin

2007, Fifth Highest Year on Record for Existing Home Sales

Oct 19, 2007 | Real Estate News

Written By Heidi Rozeske

Although the real estate market has been slowing over the last 2 years, it is very important to note that 2007 will still be the fifth highest year on record for existing home sales. The National Association of Realtors has recently released reports providing evidence that people are still buying homes at historical levels and that the favorable mortgage rates are still in play for prospective home buyers. One out of every 16 American households will buy a home this year, with the expected total of existing home sales to be around 5.78 million for the year. This is compared to 6.48 million total sales in 2006, which is believed to be an unsustainable level by experts. With greater inventory levels, and more reaction time in the absence of bidding wars and panic among buyers, now is an ideal time to consider homeownership in the Madison and Middleton areas. For more details on this report by the National Association of Realtors, please send me your questions and visit their site.

Written By Heidi Rozeske

Heidi Rozeske, the founder of Glass Slipper Homes, brings over 15 years of real estate expertise to the table. Her dedication to client satisfaction and her keen eye for detail make her an invaluable asset in your home-buying journey. Outside of real estate, Heidi enjoys staying active with pilates, indulging in creative hobbies like knitting and gardening, and sharing her thoughts through writing. Her commitment to community and personalized service sets Glass Slipper Homes apart in the Madison area.

Explore More Insights

0 Comments