Here's a breakdown by region for the Pending Home Sales Indicator as provided by the National Realtors Association:
- Northeast: rose 2.3 percent to 76.1 in December and is 14.9 percent higher than December 2008.
- Midwest: increased 5.2 percent to 86.9 and is 8.7 percent above a year ago.
- South: rose 2.2 percent to an index of 98.4, and are 5.5 percent higher than December 2008.
- West: fell 3.8 percent to 119.9 but is 18.6 percent above a year ago.
Check out the full article: Pending Home Sales Stabilize
For great home values in Northern Michigan, look here: Homes for Sale