The National Market August 2019
Three Things You Need to Know About National Housing Report for the top metropolitan areas, includes all residential property types, and is not annualized.
1) Home sales slipped slightly year-over-year.
2) Buyer demand outpaced the number of homes on the market.
3) The number of homes on the market saw its most significant decline in 13 months.
What’s this mean? It means that low-interest rates have enticed more buyers, and sellers may be a bit hesitant to put their home on the market. But, with more buyers, it is still a seller’s market. If you’re thinking about a move or want to learn more about our local market, let's talk. Please reply to this email or give me a call to talk about your real estate needs.