Kokomo Home Sales See 11.8 Percent Increase In July

Real estate agents for the first time in 2011 sold more Howard County homes than they did a year before. Agents last month closed on 85 homes in the county. It was nine more, an 11.8 percent increase, compared to July 2010, according to a report the Indiana Association of Realtors released Monday. Nicki Whiteman, an associate broker for Re/Max Realty One in Kokomo, said recent turmoil on Wall Street and elsewhere in the economy did not appear to scare off buyers. Year-to-date sales for the firm have increased 21 percent over 2010. “We’ve done much better this summer,” Whiteman said. “Honestly, our July was a pretty hot month.” Countywide, sales for the whole year have remained lower than over the same seven months in 2010. There have been 532 sales since...

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