MIBOR reports sales in February 2017 to be on a par with those of a year ago; with exactly 1984 properties sold in each month. New listings were down slightly from a year ago. Following twelve months of increasing sales and lagging new listings, inventory is down 24% from a year ago. All of that has pushed prices upwards 13% with the median home sale price now $152,000.
Around the office here things have been crazy busy with LOTS of showings, offers, inspections, negotiations— and even more so with work to help people get mortgage pre-qualified and rolling on finding a new home. If we can be of service in helping you to find that perfect home, be sure to write or call me.
“I work harder to make good things happen!” -Bob