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Monday, December 30, 2013

Real Estate Market Update December 2013



The end of the year is approaching and it was a great year for real estate. Locally we saw an increase of 8% in the number of transactions and a 5% increase in the average sales price. That means more homes are selling at a higher price.

Why the increase? There has been a lack of inventory for a while. Normally there are about 1.5 million home starts (new construction) per year. As of the past few years, though, that number has been more around 400,000. There is a lack of homes but interest rates are so great that buyers have been rushing onto the market.

I expect the next 18 months in our market to be fantastic. We should see more sellers participating giving buyers more options.

You can expect a great 2014. I also wanted to take this time to wish you a great, happy and  wonderful Holiday Season.

If you need anything, please give me a call!

Thursday, December 5, 2013

Happy Holidays!



December is here and as 2013 comes to an end, I can't help but reflect on what an amazing year we've had. I am so appreciative of you and all your referrals. I want you to know that I look forward to serving you again with enthusiasm, diligence and commitment. I also wanted to wish you a wonderful and safe holiday season. If there is anything I can help you with, please call me!