As a buyer or seller DO NOT LOOSE CONFIDENCE in this market. Any concerns over the long-term strength + appeal in our area can be put to rest by the following facts-
- Sales Volume is still up 5.6% and unit sales are up 9.9% over this time last year!
- Buyers are commited! We have more qualified buyers than homes
- interest rates are at an all time low!
- Investor are starting to look at real estate as a stable investment
- inventory is tighter than it has been in years!
So rest assured, there is hope yet!
(Percentages Based on My Region from monthly matrix report)