Posts with tag 'st. johnbury'
December
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December Market Watch from Peabody & Smith Realty
It has been quite a ride in 2009, rising foreclosures, lower housing prices, and at the beginning of the year it all was looking so bleak. However, it would appear we have hit bottom and are rebounding, both nationally and locally. Fed Chairman Ben Bernacke was recently quoted as saying,
"Housing in the coming year is going to be a relative bright spot - a helpful driver of national economic growth, rather than the wet blanket it's been for the past couple of years."The headlines are everywhere: "Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors. "