From this month’s Market Condition Report: "All price indicators negative with continuing declines as was predicted. Given elevated Month’s Supply [inventory], depressed Percent Selling and slow Market Speed, expect this price trend to continue."
Enough said. (click on the report below to view)
Thank you to our friends at First Centennial Title for the Market Conditon Report.
Rocky
“All price indicators negative with continuing declines….expect this price trend to continue.”
Pretty much sums up the market.