Improving market conditions! Is it happening in your city?

By
Services for Real Estate Pros with HouseHunt.com DRE# 01297932

Ah, spring is in the air. Time for a young Realtor’s fancy to turn to … improving market conditions! Is it happening in your city? Hopefully it is, because things apparently are booming and blooming in a number of areas, according to a HouseHunt agent survey.

Whether the uptick in numbers and attitudes from the first quarter of 2012 continues hinges on a variety of issues, but any sign of life has to be taken as a positive, right? Now if only the government can refrain from mucking things up.

Much of the upbeat attitude from HouseHunt’s report stems from tighter inventory and listings moving more quickly off the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 13 percent at the beginning of 2011, and 30 percent reported houses selling in 60 days or less, compared to 10 percent last year.

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Rainmaker
974,880
Edward & Celia Maddox
Solutions Real Estate - Queen Creek, AZ
We Take The High Road

We are seeing a drastic decrease in inventory, and some increase in price here in Arizona.

Apr 20, 2012 08:53 AM #1
Rainmaker
767,527
Jon Kolsky
Kolsky Group/Spellens Realty - Long Beach, CA
REALTOR® Long Beach, CA

~ Great information, I think sellers might start testing the Market, I know we could use them!

Apr 20, 2012 03:25 PM #2
Rainer
200,519
Cheryl Thomson, REALTOR, Retired (U.S. Army)
Buyers Advantage Real Estate Corp. (c: 703.216.5635) - Woodbridge, VA
Real Estate in Northern Virginia

Jaime, inventory is low in my neck of the woods...I sure could use some California weather right now!

Apr 21, 2012 08:32 AM #3
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Rainmaker
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Jaime Westman

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