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market conditions 2012: Is There Light at The End of The Tunnel? - 01/14/12 04:19 PM
The light at the end of the tunnel still could be a freight train.  Time will tell.  Data coming out of the Carolinas Region MLS indicates that although there is no marked improvement in home prices, and days from contract to closing are still creeping up.  However, due to a decrease in new listings on the market, along with the completed sales, inventories are coming down.  This could be a very short term snapshot influenced by a decrease in the number of distressed properties which have come on the market.  If we don't experience another sunami of short sales and foreclosures, … (2 comments)

 
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Dean Davidson ABR/CSP

Charlotte, NC

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Keller Williams Realty

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