The National Association of Realtors’ most recentExisting Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.
Only those homes priced under $100,000 showed a decline (-4.6%). The decline in this price range points to the lower inventory of distressed properties available for sale and speaks to the strength of the market.
Every other category showed a minimum increase of at least 4.6%, with sales in the $250,000- $500,000 range up 15.2%!
Here is the breakdown:
What does that mean to you if you are selling?
Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, let's meet up to see if it is priced appropriately to compete in today’s market.
Author:Angela Cotten Phone: 817-470-0081 Dated: May 19th 2016 Views: 1,684 About Angela: Results, Integrity, Attitude & Honesty. If superior representation with a caring touch is what you ...
The market is expected to still continue to remain strong. Hom
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