It’s no surprise that pricing and inventory go hand in hand in the housing market but there’s good news for those thinking of selling…..
The right timing could be NOW! According to the National Association of Realtors, house demand has been on the rise with a decrease in supply making now the perfect time to consider selling. While the statistics vary from region to region, in the Northeast, sales rose 2.5% in the fourth quarter of 2014 but are 4.1% below the fourth quarter of 2013, according to the report. The median price of the home rose 2.2% to $246,300.
It’s likely not a surprise to learn that the top five most expensive cities are in CA and HI with the five least expensive in OH, IO and MD.
If you’re looking to feel encouraged, read on…..