As anticipated, the market is continuing to show signs of improvement. The number of available single family properties decreased from last week’s 98 to 97 this week. The percentage of listings that are under contract has increased from 33% last week to 34% this week. Traditional (ie non-distressed) listings are showing the strongest improvement, with available properties dropping from 90 to 88 and the percentage under contract increasing from 24% to 27% over this same time frame. As students settle into the new school year, I expect more buyers to enter the market to take advantage of the lowering mortgage interest rates.
You might also like
My Other Websites
Therese Swan is committed to providing an accessible website. If you have difficulty accessing content, have difficulty viewing a file on the website, or notice any accessibility problems, please contact Therese to specify the nature of the accessibility issue and any assistive technology you use. Therese will strive to provide the content you need in the format you require, and welcomes your suggestions and comments about improving ongoing efforts to increase the accessibility of this website.