tequesta home absorption: Tequesta Real Estate Shows Signs of Cooling
- 08/26/12 08:46 PM
Absorption rate in Tequesta increases to 7 month high Everywhere one turns there is good news about the real estate market; locally, statewide and nationally. Earlier this week the National Association of Realtors reported that existing home sales rose in every region but the west, which they point out was down primarily due to what they call “tight inventory”. Add to increasing national sales good news the prices are up good news with nationwide median price up 9.4% from the same period in 2011. July marked the fifth straight month of increasing prices and the largest monthly gain in over
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