Kevin Roach Realtor

For the first time in two-and-a-half years, home sales are higher in the Northeast than they were the year before, a real estate association said today.

Home sales were up 3.3 percent over July 2008 and went up 13.4 percent from the previous month, the National Association of Realtors said. A third of sales were considered distressed transactions, such as foreclosures or short sales.

For the entire article by Lisa Fleisher/The Star-Ledger: http://www.nj.com/business/nj-real-estate/index.ssf/2009/08/northeast_home_sales_rise_134.html