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Market climate

Beach Comber
1,182 views
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.

Replies

2
Matt J avatar
SWGB
#2
I'm not sure why you are comparing the real estate market to a small room?
Truman avatar
Beach Fanatic
#3
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.

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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