June 12, 2008 Elad Bushari

The National Association of Realtors has reported a 6.3 percent increase in pending transactions from March to April. The news is based on the Pending Home Sales Index, which is based on contacts signed during a set period of time. April’s numbers are the highest point since last October, but they are still 13.1 percent less than April of last year.

That said, the Northeast index doesn’t look quite as rosey as the national one. In the Northeast, the index actually declined by 1.9 percent in April comparted to March.

Elad Bushari

Elad Bushari is the Broker / Owner of Bushari Group Real Estate and a National "30 Under 30" Honoree by REALTOR Magazine in 2009.

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