The drop in sales can be attributed to a slight pullback by consumers and to the fact that 2000 was a record sales year. But the fact that the real estate market remains strong despite the slowing economy has some brokers, sellers and economists somewhat bewildered. I'm not sure everyone understands it, ourselves included. Although home sales numbers aren't yet available for March, some area brokers say business has been stronger since February. These low interest rates are just awesome.
People realize right now's the time to act if they want to move up into a bigger house.
Analysts attributed the continued strength to declining mortgage rates. Bechard is a staff reporter for the Memphis Business Journal, a sister publication. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities. Fill an opening, find a job Internet Directory Local businesses on the web Merchant Services Start accepting credit cards online. Office Products Special deals on equipment, supplies.