EXIT Realty Premier Blog

August 2016 Market Update
EXIT Realty Premier 7 years ago

The market is doing well for the first six months of the year. Total home sales are up 5% compared to the fist half of 2015. Median existing home sales are also up 5%, setting a new record. The spring quarter has been the best its ever been in a decade. Robust appreciation has restored home equity for many homeowners encouraging them to consider selling and buying again.

There are more people purchasing homes than there are sellers. The supply of homes are down 5% from last year. According...
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