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September 2015

Found 1 blog entry for September 2015.

We are continuing to generally enjoy a strong sellers’ market with sales up and listing supply down. There are many contributing factors, the most significant of which I think is the level of consumer confidence. As the balance of those who believe now is a good time to buy exceeds those who feel otherwise, the market is pushed forward very positively.  Tracking the home price index shows prices have generally increased an average of over 8% in the past year.

 

August’s sales numbers were the highest for an August since 2007 at 741 and the number of listings available for sale declined to a total of just 3,688 listings for sale. With the “balance” of supply and demand at a 5 month supply we are still in a “Sellers’ Market” overall. The market is

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