Home Sales up Nationally...What About Gainesville?

Nationally, home sales were up 4.7 % as reported in the attached video.

http://online.wsj.com/video/higher-prices-may-follow-home-sales/EA999434-627A-4097-8452-2BBBD357BF72.html



But what about Gainesville? MLS statistics indicate we're not quite following the national trends. In fact home sales in Gainesville were down 13% in January and February from the same time period last year.



We see the same active interest from first time homebuyers, looking to take advantage of the $8000 tax credit. The credit, coupled with lower home prices and very favorable interest rates, make it an excellent time for a first time home buyer!!!