Despite what some say, many people are buying

Too many folks these days believe that very few homes are selling and that hardly anyone can get a mortgage, but it’s just not true. The National Association of Realtors (NAR) Existing Homes Sales Report shows different. In the report an average of 12,000 homes sell every day. That means around12, 000 houses sold yesterday, 12,000 will sell today, and around 12,000 will sell tomorrow and so on. The belief homes aren’t selling just is not true.

Also indicated in NAR’s report was that 72% of these sales were accompanied by a traditional mortgage.

So over 12,000 homes are sold and 8,000 mortgages are issued every day. Real estate is doing much better than many say.

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