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. OKC/Edmond Real Estate Market Summary for February 2008 Well, it took our local association almost a month, but they’ve finally published the stats for home sales in February, and once again we’ve got good news to...
2. 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!...
3. OKC/Edmond Real Estate Market Summary for January 2008 The Stats are in for January, and once again, we’ve got good news to report here in Central Oklahoma.  Hopefully this will help you decide for yourself...