05/04/2011
For only the 4th time ever in a month residential sales were over 10,000 this March. The 3 other months of sales over 10,000 were June '04 & '05 and August '05. Single family sales were 84% of the 10,000 sales. 77% percent of all sales were under $200,000. Overall, 46% percent of single family sales were purchased with cash, 26% with a conventional loan, 23% with FHA, 4% VA loan and 2% with other financing. Wow!!