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      Real estate sales project a brighter future

      The sales of previously owned homes have risen to the highest numbers officials have seen since 2009 according to the National Association of Realtors, which is a good sign for the economy.Officials say in April, home resales were up 9.7% from April of 2012, and that trend is show locally as well.Vickie Giles-Griffin with ReMax of Albany says from January 1st until now, they town has sold $2 million more than the same period in 2012.Giles-Griffin says although there are still a good number of foreclosures, the real estate business is on an incline and prices of homes are expected to rise.Mike Flynn with Albany Realty says this means now is the time to strike if you're thinking of buying a home because interest rates and prices are still at a good point but they're about to start increasing, changing it from a buyer's to a seller's market for the first time in years.Walter Molony with the NAR says because real estate is connected with so many things, as homes are being sold the economy is being boosted everywhere.Though many don't realize it, with a new home comes new landscaping, carpeting and more which pumps money back into the economy and helps boost jobs.Flynn says once we get to a point where people start building homes again, Albany will receive a huge boost both in the job force and financially.

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