Thanks to all of my fantastic clients/friends/referrals that allowed me to make the Presidents Circle with Berkshire Hathaway Home Services, Top 4% in the nation!

We hear this question all the time, and we’re sure you do too. We thought you might like to know how we look at our current market conditions. The real estate market continues to improve and we are pleased to report pending sales up 25% which is a nice indicator!
PRICES Prices on closed properties for all Multiple Listing Service increased 5.13% from $226,562 year to date in 2014 to $238,138 year to date in 2015. Berkshire Hathaway HomeServices KoenigRubloff Realty Group has the highest average year to date sales price of major firms at $466,997.
OUTLOOK FOR SELLERS Sellers can have cautious optimism going into the spring market as prices continue to steadily rise, and demand for inventory remains around a 5.2 month supply. With interest rates remaining low, potential buyers on the fence about home ownership may decide to take advantage of current rates if they see something they like.

OUTLOOK FOR BUYERS We expect to see continued strong sales activity in the market. With low interest rates and continued demand for inventory, buyers are encouraged to act quickly upon finding an ideal home.

*Prices continue to steadily rise
*Market times are down somewhat
*General feeling of optimism among real estate professionals
*Downtown condominium prices nearing 2008 peak
*Favorable interest rates continue at near historically low levels
*Inventory shortages resulting in multiple offers and rising prices
*Foreclosures and short sales decreasing
*Relatively balanced market, meaning it is a good time for both buyers and sellers