J. Lennox Scott, Chairman and CEO of John L. Scott Real Estate, announced today that after having the companys all time best month ever in March, April has surpassed this record, making it the most productive month in the companys 73 year history.
Aprils success can be attributed to the back side of the power surge of sales activity that we experienced in March which was fueled by a drop in interest rates, said Scott. He added that, Rising interest rates are now causing anxious buyers to flood the market.
Interest rates, though rising, still remain low, Scott pointed out.
