There is never a dull moment in real estate as it changes daily! We have been in a very subdued market lately and now we are seeing things turn again.
Some sellers have been getting gloomier as the realization sets in that 2014 is very different from 2013. However the worst time for sellers looks like it is in the rear view mirror for the majority of the market. Things have been improving since March 18, as of last week we are comfortably inside the balanced zone of 90 to 110. Buyers’ former advantage is currently slipping away.
Balanced Market is 90- 110
Seller’s market is over 100
Buyer’s market under 100
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