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April 18, 2019 by
Annie Rodgers @ eXp Realty LLC
Full Service Realtor®️
Recent Posts
- HIGHLIGHTS | At this point in the year, we are getting a good sense for how the housing – 9.8% market is likely to perform for the foreseeable future. And although it is not a particularly exciting forecast, it is a desirable one. Markets across the country are regulating toward a middle ground between buyers and sellers. While it remains true that sales prices are running higher and that inventory options are relatively low, buyers are beginning to find wiggle room at some price points and geographies. Closed Sales increased 0.2 percent for Residential homes but decreased 2.2 percent for Condo homes. Pending Sales increased 2.5 percent for Residential homes but decreased 2.7 percent for Condo homes. Inventory decreased 11.0 percent for Residential homes but increased 1.4 percent for Condo homes. The Median Sales Price increased 3.9 percent to $187,000 for Residential homes and 8.3 percent to $174,900 for Condo homes. Days on Market increased 8.1 percent for Residential homes and 9.7 percent for Condo homes. Months Supply of Inventory decreased 12.1 percent for Residential homes but increased 4.0 percent for Condo homes. An extended trend of low unemployment, higher wages, and favorable mortgage rates have been a terrific driver of housing stability in recent years. What is different about this year so far is that prices are not rising as quickly. Some of the hottest Western markets are even cooling slightly, while some Northeast markets are achieving a state of recovery after a decade of battling back from the recession. As a whole, the selling season is looking fairly stable across the nation.
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- ⭐️I have several serious buyers looking for a home in Birch Run area. 🏡 If you know someone whose got a house to sell, let’s talk!🔑 📲810-640-5818
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