What If I Wait Until Next Year to Buy a Home?We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained
June Market Update 2015
Market update for June 2015 at a glance - courtesy of MLS stats.
May was good month for sellers in most areas and price ranges. Supply continues to drop for a wide selection of areas and price ranges with active listings down 20.4% from this time last year.
Active listings: 20,351 vs 25,555 last year = down 20.4%
Pending listings: 7,819 vs 6,965 last year = up 12.3%
Under Contract Listings: 12,063 vs 10,360 last year = up 16.4%
Monthly sales: 8,293 vs 7,509 last year = up 10.4%
Monthly Median Sales Price: $211,000 vs $192,500 last year = up 9.6%
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Whether buying or selling a home, you want someone on your side that knows the local market and puts your needs first. Call me today at 623-398-5575 to schedule a no-hassle consultation.....
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One of the first decisions that must be made in the home buying process is whether to buy an existing home or build a new home. In today's market a shortage of inventory is