The listings to sales ratios are still indicating a strong buyer’s market, meaning there is still downward pressure on valuations. With that in mind this is a great time for buyers to be getting good deals out there.
On a positive note we have seen the number of sales increase almost 10% over the previous weeks 30 day sales volume. Let us all hope this trend continues and we see increase sales volume as we go into the spring market.
I am still expecting things to improve and we get deeper into the spring marketplace. However, I am still expecting that we will see the market to be fairly neutral over the average of the whole year.
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