The DeWayne Carpenter / Kirk Kessel real estate team isn’t shocked by the recenct report by S&P/Case Shiller 20 city composite index for June. In June alone, Carpenter / Kessel closed right at $7 million in sales.
The S&P/Case-Shiller 20-city composite index registered a 2.3% advance in June, matching upwardly revised gains in May and taking the year-on-year move to positive territory for the first time in close to two years with a gain of 0.5%.
DeWayne Carpenter and Kirk Kessel feel that with interest rates at all time lows, the infusion of international cash buyers and overall consumer confidence that the market has bottom lead to the increase in sales.
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