C21 Market Update: April 2015

Many local housing markets across the country are sizzling right now, with multiple offer situations and bidding wars being reported in markets where the strongest house price appreciation and job growth have limited for-sale inventories the most. 

In the coming months, we are hopeful that inventory will improve. Builders are expected to bring to market more homes for the first-time buyer and rising property values help millions of homeowners get out from underwater, emerge from negative equity and enter the “for sale” market. Plus, continued employment growth and an expected increase in family incomes could all serve to propel 2015 into an active year for real estate.

 

 

 

 

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