Monday, June 22, 2009

Summer Solstice

The Summer Solstice was here. We hope you enjoyed it. Summerfest kicks off Thursday and includes fireworks on the lakefront Thursday at 9:30 p.m.

In the mortgage world buyers are snapping up foreclosures and although there has been an uptick in rates they are still at historic lows. Exsiting home sales will be announced by the National Association of Realtors Tuesday. May numbers will be released. April was up 2.9% so we will see how May compares. Spring and Summer are the busiest selling seasons in this climate. We have seen a huge increase in purchase applications and closings recently.

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