DECEMBER 31ST 2015 “LOOKING BACK, end of the year 2015 report” December’s market update starts with “THANK ALL OF YOU FOR YOUR SUPPORT AND BUSINESS”. The end of DECEMBER 2015 numbers, closed sales up +5%, pending sales up +21 %, inventory up +1%, and interest rates up +3% from the year earlier. The interest rate trend of year over year declines will end this month (December) would be my prediction, which is what happened. All things being equally, rates should be marginally higher in 2016 than 2015. As of the end of the week of January 8th the rig count in North … (1 comments)
new homes: Market Update at a Glance August 2014
- 09/16/14 12:36 AM
August 31st 30th 2014 “End of the Summer” First let’s look at closed transactions, August 2014 continued with fewer homes closed. Number of closed sales in Yellowstone County are 1424 August 2014 as compared to 1516 in August 2013, a 6% decline. Monthly year over year same story monthly year over year August 2013 199, August 2104 187. Residential pending unit sales are down -3% years over year. To compare; 2013 August pending unit sales were up 6% over August 2012. (2012 there were 350 pending sales; 2013 there were 372 pending sales, 2014 there are 359 pending sales). … (0 comments)
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