The data is in for the first four months of 2016 and so far the market is good and needs more inventory…the average time on the market is up a little and the amount received in price relative to the asking price is down a little as well…the average or median price is up… Buyers continue to come into the market…however the programs for low down or no down are almost non existant and are hard to get accepted by a seller in this market…still there seems to be enough […]
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According to Investopedia…and or countless other sources who claim credit for this synopsis…the indicators for a healthy Real Estate market…or any trading market that is include… 1. Pricing and Affordibility 2. Foreclosures 3. Payment delinquencies and underwater homeowners 4. Inventory 5. Investors 6. pending home sales So in our examination of how to create and or maintain a healthy local market lets take a look at these factors: Affordable price for the product…or in Real Estate how much do I have to spend in order to get the animal I […]
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A common question I get is “Steve when is the best time of year to sell a house”…which typically is followed up by a statement that goes like…”I know this probably isn’t the best time”, thinking that there is a magical window of time during a specific time of year that houses just fly off the shelf like a new electronic gadget, and if we don’t hit it just right, the place will sit for eternity. It would seem that everyone has an opinion as to when that is. This […]
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2015 total number of sales average days on market median price % of asking price 1297 23 $307,000 100.20% 2014 total number of sales average days on market median price % of asking price 1100 30 $275,000 98.84% 2013 total number of sales average days on market median price % of asking price 1161 39 $275,000 98.40%
... Read MoreSteve Arrington - Remax Traditions | Longmont, Colorado 80501 | steve@stevearrington.com