Market Stats Just Released for March 2016 - WOW from Michelle Makos
Looks like April will be much about the same or better.... Strong real estate market and low interest rates are making it hard to buy resale homes as the buyers are competing in many of today's sales. Prices are at a record high. Multiple Offers are now the norm and inventory is key to stabilize this market. The more listings we have, will create more competition... it will then be best house and price wins ... NOT just only house on the market wins regardless of price and condition. If you are thinking of moving, I would say, now it the time to capitalize on your investment.
Enjoy the information. It provides year over year statistics as well average prices in the 416 and 905 areas. Have a great day !
Looks like April will be much about the same or better.... Strong real estate market and low interest rates are making it hard to buy resale homes as the buyers are competing in many of today's sales. Prices are at a record high. Multiple Offers are now the norm and inventory is key to stabilize this market. The more listings we have, will create more competition... it will then be best house and price wins ... NOT just only house on the market wins regardless of price and condition. If you are thinking of moving, I would say, now it the time to capitalize on your investment.
Enjoy the information. It provides year over year statistics as well average prices in the 416 and 905 areas. Have a great day !
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