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First Quarter Home Sales At Fastest Pace In A Decade

May 31st, 2017 by WCBC Radio

A report released this month suggests home sales in the first quarter hit their fastest pace in a decade, a sign that rising prices and slightly higher mortgage rates haven't deterred home buyers from rushing into the market. Thirty metropolitan areas experienced double-digit annual price gains, identical to the number in the fourth quarter. The markets that enjoyed the strongest price gains include Tampa, Fla., Boulder, Colo., and Cumberland, Md.  While some have pointed to the Rolling Mill property sales as the reason Cumberland makes the list- local real estate agent Liz Rhodes with Coldwell Banker tells WCBC News there are other factors…


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