Completed home sales rose 18.6% higher than Aug of 2010 and up 7.7% from an upwardly revised 4.67 million in July of 2011. Aug saw a seasonal annual rate of 5.03 million. Let's hope we keep seeing these numbers go up.
Wow there are some great deals on the market right now. Instead of renting and paying someone else's mortgage it is a great time to start paying your own. Make a list of the things you must have in your new home and things you would like to have but can live without and start searching in your area and get a good idea if want you want is in your budget. Be realistic mind you, and get preapproved for a loan.
Happy house hunting!