Posted on Sunday, November 30, 2008
Based on information from the United States Commerce Department, last May showed a rise in new home sales. For Irvine real estate , this is fantastic news. New, single family home sales jumped by 4.6 percent, cited market analysts.

Ever since mortgage rates have been rising, economists supposed the market would slow down. These mortgage rates are predicted to keep rising over the next few months, however only a moderate slowdown is predicted. There hasn't been a better time to buy a great Irvine home .

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