Less Inventory, Climbing Interest Rates, Active Spring Market
There are some very interesting housing numbers for the first quarter of 2011. We have almost 40% fewer listings coming into the system than this time last year. We are still short of inventory at specific price points in the SW metro. Interest rates have began moving up over the last few weeks.
With more stability in the market, rising interest rates, and lack of inventory at specific price points the spring market is moving ahead full steam.
If you or anyone you know if thinking about buying or selling please let us know.
The Barkleys Email: jasonbarkley@edinarealty.com
www.jasonbarkley.com