Understanding where you have been is a good way of helping to determine where you are going. The real estate activity for the month of September shows continued gains in the number of sales as well as a decrease in the number of homes on the market. Both of these seem to point toward confirmation that the market is strengthening and also is becoming a more balanced market for Sellers and Buyers. Buyers have had a distinct advantage. But in recent months and continuing now, less inventory on the market per the number of Buyers means the market is continuing toward one in which Buyers and Sellers have an equal footing…especially true in middle to lower price ranges.
For more in-depth analysis, charts and graphs with real market statistics, please take a look at my latest Market Watch Newsletter for this month.
If you would like a copy of MarketWatch emailed to you every month, just send a request and your address will be added to our Newsletter subscription mailing list. Subscriptions may be started or stopped at any time.
If you enjoyed this post, you may also be interested in:
