WOW! Talk about your slow market (LOL). That was the increase in the number of homes put under contract from February 2009 to March 2009 in the Spokane Market.
The National Association of Realtors reported that February existing home sales rose 5.1% over January 2009. This is the largest sales jump since July of 2003.
The median is the lowest since September 2002.
After a dramatic down fall of the the Dow it has rebounded to 7,886.83 as of today.
Interest rates are at or below 5%
These numbers are certianly very encouraging and we will take them.
Len