According to The Wall Street Journal, land values across the country appear to be following the same trend as our local markets. Inventory continues to fall and prices are moving up as developers scramble to find raw land for new lots and development. Read more at The Wall Street Journal
Posts in category Market Updates
Existing-Home Sales Continue To Improve, Prices Continue to Rise
WASHINGTON (August 22, 2012) – Sales of existing homes rose in July even with constraints of affordable inventory, and the national median price is showing five consecutive months of year-over-year increases, according to the National Association of Realtors®. Monthly sales rose in every region but the West, where inventory is very tight.
