After talking to a lot of home builders, appraisers, and top producers, the consensus is that we will trek along the same path in 2015 as we did in 2014. This means continued growth in both the single family home and condo markets. We expect to see low inventory for another few months until spring rolls around, along with a steady 4 or 5% appreciation.
In the spring, we predict days on market to continue to be around 5-6 months. Inventory will definitely rise, but so will demand. We're predicting a fairly active market, so there will be a lot of options for buyers to choose from.
Thanks again for checking out our blog. If you've got any specific questions about real estate or your property, be sure to give us a call or send us an email. We can't wait to hear from you!
2 comments:
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