Sales of new homes race to nearly a 9-year high

http://www.msn.com/en-us/money/realestate/sales-of-new-homes-race-to-nearly-a-9-year-high/ar-BBvXy86

In Collier County there are so many new communities popping up that it is not surprising that overall new sales have gone up, I know the rest of the county is going through the same thing too.  There has been a lack of new home construction in the past few years so now we are playing catch up!

"The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest level since October 2007."