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Market climate

Discussion in 'Real Estate' started by jerome, Aug 9, 2014.

  1. jerome

    jerome Beach Comber

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    It seems the real estate market has slowed recently, 2014 didn't seem to capture the frenetic moves of 12' & 13'. It seems a lot of properties experienced a rapid increase in appreciation, but the market fever has cooled a bit this year. I am noticing properties that have been on the market throughout the selling season and have remained up until this point with very few interested buyers. I have my theories but would appreciate any input. Thanks.
     
  2. Matt J

    Matt J SWGB

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    I'm not sure why you are comparing the real estate market to a small room?
     
  3. Truman

    Truman Beach Fanatic

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    I'd like to hear your theories.

    Short sales are gone. Cash sales are high. Inventory is down. Prices are up.
    Maybe the market has reached a "new normal". Lots of new homes being built.
     

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