The hits just keep on coming. Pending home sales in California notched their sixth straight month of annual gains with the last four months registering double-digit gains.
In May, pending home sales in the state were up a strong 12.1% from May 2014.
The increase for pending home sales in Southern California was more modest, but did move back into positive territory from a downtick in April. The pending home sales statistic for May 2015 was up 12.5% from May 2014.
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“I have been working with Ken Shapiro and Silverwood Properties for several years. I like to buy old fixers, make them beautiful and sell them profitably. I have found the knowledge and service I receive from Ken and his Silverwood Properties team far superior to any other realty company. I highly recommend him to anyone looking to buy or sell—I feel sorry for the other guys!” B.W.