Our friends at First Centennial Title have recently redesigned their Market Condition Report — please find the new MCR for October below. (Click on report to enlarge.)
From the commentary in the report:
Price is rising at an increasing rate due to a tight market (low ratio of supply to demand 1.7). The reader should assume that price (all other things being equal) will continue to increase on a consistent basis as long as this ratio remains in this range.
Related post: FCT’s Market Condition Report – August/September 2012
FCT’s Market Condition Report – November 2012 | Reno Real Estate Blog
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