"Steady as she goes"
We've heard this many times. Keep a steady but consistent pace. Doesn't sound real sexy but it is the 'Cure for what ails you". A steady real estate market is a wonderful thing.
Homes are selling each week. We get few new listings. The inventory does not go up, although we could use a little more to keep the buyers happy. The nation housing news came out today and it was positive across the country. There are some expectations that the next couple of months will be slower.
Not here in Eagle River. We are forecasting more people moving to the area. As rentals become scarce many families will look at new homes. This will fuel the construction industry and we should see new homes starts increase this year.
Here are the numbers for the week of December 14Th-20Th:
- 7 new homes were listed for sale
- 5 homes went into contract (pending)
- 3 homes closed
The current number of homes available in Eagle River:
- 56 single Family homes
- 12 homes under construction
- 11 homes scheduled to be built (not started)
- 25 Condo/Townhomes
- 6 Condo/Townhomes under construction
The real estate market in Eagle River continues to be steady. Just the way we like it.
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