In our next installment of the Keller Williams report: The Numbers That Drive Real Estate, we look at home sales statistics…

Sales of existing homes trended upward for the fourth straight month, benefiting from favorable affordability conditions.

The $8,000 tax credit continued to draw in first-time buyers, who accounted for 29% of all transactions in May. Repeat buyers, who often sell their current house to first time buyers, are also coming back to the market in large numbers.

Home Sales – In Thousands

Check back for the next installment in this series: The Numbers That Drive Real Estate: Median Home Sales.

Jennifer Mackay
850-774-6582
Florida Real Estate | Panama City

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