Prudential Homesale Achieves a Billion Dollars in Sales
Summary
“It helps people understand that our local real estate market is healthier than the national media might lead some to believe.” Prudential Homesale first achieved a billion dollars in sales in 2001 and has hit that mark every year since.“Mortgage rates have not been this low since 1955.” The first-time homebuyer tax credit added to the strength of the real estate market in the early part of the year, but that program ended on April 30.“It helps people understand that our local real estate market is healthier than the national media might lead some to believe.”Prudential Homesale first achieved a billion dollars in sales in 2001 and has hit that mark every year since.Last year, the Company reached a billion dollars in sales volume during the fourth week of September.“People buying now are taking advantage of the historically low interest rates and the abundance of mortgage money,” said Rebert.“Mortgage rates have not been this low since 1955.”The first-time homebuyer tax credit added to the strength of the real estate market in the early part of the year, but that program ended on April 30.