It’s not uncommon for me to post positive news on the Edmond real estate market, but finding good news at the national level has been challenging the past couple of years.

However, a glimmer of light was published earlier today. According to the NAR, pending U.S. Home sales saw an increase of more than 6% in December.

Of course, seeing an uptick in the markets that have really suffered lately is a great boost in many aspects.  If you wonder how important the housing market really is to our economy, take a look at this report on how the positive news affected the stock market.

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

1. Oklahoma Real Estate – More Positive Indicators Want to hear it from someone besides me? Here’s Richard Mize’s latest podcast on the health of Oklahoma Real Estate Enjoy! ...
2. Another Piece of the Oklahoma Real Estate Puzzle I had the distinct pleasure of hearing from Chad Wilkerson, the Assistant Vice President and Oklahoma City Branch Executive of the Federal Reserve Bank of Kansas...
3. OKC/Edmond Real Estate Statistics for May 2008 Due to busy-ness, it’s been a while since I posted up the monthly statistics covering the OKC metro area, and this morning I met a...