by Dan Jensen
Relocation Services Director - Equity Northwest Properties Group
2014 has not come in strong where real estate activity is concerned, although 2013 and so far this year, we're still showing a stable and gently growing RE marketplace.
December and January were soft months compared to the surprisingly robust start to 2013, but we've moved past the "soft" and are beginning to see greater strength in the numbers for both the prices of homes in our area, and for the number of sales each month.
There were 275 homes sold in January, a whoppin' 452 in Feb, and so far in Mar, nearly 200.
In addition...
The approaching strength of the RE market is probably best shown through Pending residential sales, with 228 New Construction pending sales and a huge - 584 pending existing home sales ready to beef up the 'SOLD' stats for the end of March and into April.
Warm sunshine will likely bring more anxious home buyers and real estate investors out into Clark County neighborhoods and financing interest rates in gently increasing home prices will make both sale of homes no longer under water and the purchase of that next great home much more likely through the coming 6-8 months.
Get Your Copy!!!
We'll be putting a full Real Estate Market Trends Report together for the first full quarter shortly and will have it available by the 10th of April. If you would like a copy (no cost of course!)... let us know.
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