As soon as I write about the predicted rates rising the 3rd & 4th Quarter, we see a slight dip in the current rates. We are moving along at a steady pace, and starting to see the start of our Summer market. This is coming a little earlier this year, as it normally occurs after Memorial Day.
One more important note, the number of Foreclosures and Short Sales, in our market, are starting to decline. This is great news for property values and appraisals. Both of these have been hurting appraisal values more than any of us would like.
*For a copy of the most recent Market Update (Market Absorption Rate 2014-05-19), please don't hesitate to call or email me at any time.
Regards,
Marc White
Broker In Charge/REALTOR
Realtor or the Year & Best of the Best 2013
Cash Realty & Cash Custom Homes
Call/Text 828-406-2134
Search 1,000s of Homes Instantly at www.MarcWhiteHomes.com
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