An interesting turn this past week; the number of available properties is constant, the number of sales is down, and the number of expired listings is down. Now, you might think that this means my ongoing predictions of a market upturn are wrong, however, consider this: at our ‘Your First Home’ seminar last night, the home inspector, Gene Meandro of Lighthouse Inspections, noted that he is doing 3 & 4 inspections a day, 7 days a week. Also, it was noted that turn-around times for mortgages are more like 2 weeks, instead of the typical one week, because the lenders are so busy. If the market was not strong, why would these things be occurring?
For some video of our seminar last night, check out our YouTube page.
Here’s the Total Market Overview for the past week:
And here is the updated Annual Summary of Activity
