Home sales are finally on the rise! Sales of existing single-family homes rose in December for the third straight month! 2011 was not the recovery year it was expected to be, but 2012 is showing positive signs of a recovery. The upcoming spring and summer market should tell a lot.

The National Association of Realtors reported last week that single-family sales rose 4.6% in December. NAR chief economist Lawrence Yun said, "The pattern of home sales in recent months demonstrates a market in recovery."

Year end totals show 3.78 million single-family homes were sold in 2011, up 2% from 2010. Two-thirds of 2011 sales involved properties priced below $250,000 and less than 10% of sales involved properties above $500,000.  If your home is on the market or if you plan to sell your home, make sure it is priced right!

Masha Halpern & The Smart Move Team can help you determine the value of your home.

Here's to a great year in real estate!