Sunday Market Watch
Today I see that the local markets are a bit slow. We had 8 homes listed, 6 price drops, and 12 homes went pending. Whenever you see listing numbers lower than the pending numbers, market power sits in the lap of the sellers. Low inventory, and the buying season picking up as the temperatures do mean, all things remaining equal, we can expect to see another summer of steadily increasing prices. Builders are attempting to keep up with the influx of new residents, but since we are coming out of winter, we are a few months away from many of those new homes being completed. Want to know more about the local markets? Call, text, email, or smoke signal today! 🙂
Anita D.
Anita is a Realtor, licensed in the State of Oregon. She is a part of Premiere Property Group, LLC in their Bend Office. When not Blogging, or helping folks buy and sell houses, Anita enjoys teaching her fur children, gardening, hiking, bird watching, and exploring the World; most often Central Oregon, her home for 16 years.
