By Doug Williamson Business Editor Abilene home sales are on the rebound. However, May had much stronger volume and value, according to Multiple Listing Service statistics released by the Abilene Board of Realtors. Interest rates are uncertain now. They are relatively low now, still below 8 percent.
Nobody is sure what is going to happen to interest rates.
The Fed is expected by most experts to push rates up in the next few months. The number of homes listed through MLS at month's end was 752. Earlier this year, 1998's strong showing took its toll. Good sales numbers had trouble competing against excellent figures from the year before. It is active out there.