Rarely in a real estate market can you say that it’s a great time to buy and simultaneously a great time to sell but this is the case right now. With interest rates still low it’s tough not to make a case for buying. At the same time, inventory remains […]
Southwest Real Estate Update: No holiday slow down
I don’t see a holiday slow down in these stats. Average sold price, median sold price and units sold are all up compared to November 2011. I expect this trend to continue as long as inventory remains low. (The information below is deemed reliable but not guaranteed.) November 2012 November […]
Southwest Real Estate Update
Wow! October proved to be a very strong market for 20024 zip code. The average sold price is up 86.42% over October 2011 (keep in mind this is not an annual stat but rather a snap shot of the trend from the same month previous year). Markets can be tracked […]
Southwest Real Estate Update
Sold dollar volume is down substantially from September 2011; this is not a cause for alarm but a potential indicator that inventory is declining. An exciting stat to look at this month is the average days on market of 34 opposed to 67 in 2011. (The information below is deemed […]