Real Estate: A Market in Balance
finish the first half of 2105 with all indicators pointing to
a market in balance, including stable inventory numbers, modest
appreciation, and further reduction in foreclosure & short
sale activity. Through the end of May (compared to the
same period in 2014) the number of units sold is up 7.1% and
overall market volume is up 16.9%, with both indicators at their
highest levels since 2007.
6-month moving average price, which offers an excellent overview
of market direction, is up 5.8% from this time last year:
We expect growth and modest appreciation to continue through
the second half of 2015. Most financial industry analysts anticipate
mortgage rates rising modestly in the next 6 months, though
not to levels that are expected to inhibit market activity.
presents a window of opportunity:
Please contact us today for more information,
and to discuss how
we can help you achieve your real goals.
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