WINSTON-SALEM, N.C.– The Winston-Salem Regional Association of Realtors says home sales in Forsyth County were up nearly 25% over this time last year, the highest number of sales in January since 2007.
More than 360 homes were sold at the beginning of this year as compared to 290 last year.
Patti Sturdy, a real estate agent with Leonard, Ryden and Burr, says she’s on track to sell as many homes in the first 3 months of this year as she did in all of last year.
“Yeah it’s been amazing so far, I’m happy to put my sign in the yard cause it doesn’t seem to stay there that long,” says Sturdy.
Sturdy says it’s obvious people are beginning to regain their confidence in real estate by putting houses on the market , while trying to sell their own.
The National Association of Realtors says nationwide home sales were up in January most everywhere except the West.
Economists say good sales in November, December and now January are a sign people are starting to spend money again and take advantage of low-interest rates and low prices.
The bad news for buyers, as sales continue to increase economists say so will those currently low prices.