It’s no secret that we’ve been more-than-busy the past few months but, while strength in the Edmond/OKC real estate market is great for us in OK, we can’t really begin to feel 100% confident that it will continue until we see consistent signs of a recovery on the national scene.

The good news though, is that according to RISMedia and the NAR, pending home sales (nationally) have risen for the past three months.  Furthermore, the numbers in April are not only up over March; they’re actually better than last April’s stats.

Whether or not we’re out of the woods is yet to be determined, but these kinds of numbers are definitely positive indicators of what could be coming and, remember, “when economic recovery comes, home prices will skyrocket.”

While you're here, don't miss these posts:

1. OKC Home Prices Slide While Sales Rise Home prices in OKC and Edmond may have just taken a turn in favor of the buyers. With an already attractive cost of living in...
2. Increase in Home Sales Not Just Local Lately, I’ve posted so much positive news about home sales in Central Oklahoma that’s it’s almost gotten boring.  Our statistics have been showing signs of...
3. The Latest In Edmond/OKC Home Sales The April real estate statistics were just published for the OKC, Edmond, and surrounding areas and, while they weren’t as exciting as I’d expected, there...