RASE July 2011 Housing Market Statistical Reporting
Sioux Falls, SD – August 8, 2011:Now that we've reached the height of summer, we're finally beginning to move beyond comparisons to the 2010 incentive market. Sudden, large movements in year-over-year change for certain metrics are likely the result of activity occurring at this time last year. Qualified buyers may find more attractive opportunities now than during either of the recent tax credits. Interest rates should hold their ground around five percent, though a shift in the federal credit rating could change that. Some indicators suggest improving conditions, but let’s see … (4 comments)
RASE-REALTOR Association of the Sioux Empire- June 2011 Housing Market Statistical Reporting
Sioux Falls, SD – July 8, 2011: You may have noticed some "noise" lately about where the market is heading. Some accounts are optimistic while others, well, aren't. The good news is that local data provides a more reliable tone than national sound bites can offer. When it comes to hearing the market's true message, it may not necessarily be from the expected indicators, it may not be heard evenly across all segments and it may arrive in disjointed bursts. Let's listen.
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