As mentioned in last month's update, many recent reports about the national real estate market have claimed housing is now a seller’s market, with reduced inventory and increased sales prices. With fewer available homes, competition for each home is increasing, bidding wars are occurring, and ... » Learn More about Monroe NY Real Estate Results as of June 30, 2013
Monroe NY Real Estate
Monroe NY: Quarterly results 4Q12-4Q13
The most often asked question about the Monroe, NY Real Estate Market is whether sales prices are increasing. Monroe was lagging behind national trends last year. When countrywide trends indicated a healthy spike in prices, unfortunately, Monroe was staying flat. In addition, recent reports ... » Learn More about Monroe NY: Quarterly results 4Q12-4Q13
Monroe NY: Another view of 2013 Market Results
As I shared recently in my Monroe NY 4Q12-4Q13 results, the average sale prices in Monroe bopped up and down last year, but overall, prices did slowly inch northward, ending the year with a very small price increase. That is of course encouraging news for sellers. In addition, while prices were ... » Learn More about Monroe NY: Another view of 2013 Market Results
How long will it take to sell my Monroe NY house?
How long will it take to sell my Monroe NY house? One of the questions home sellers may ask is, "How long will it take to sell my house?" The answer is a murky, "It depends." There is no way to be more specific. The amount of time from the listing of a home to the closing depends on many ... » Learn More about How long will it take to sell my Monroe NY house?
Monroe NY — April 2014 Real Estate Inventory
For at least a year, there have been reports of reduced inventory in the national real estate market. As inventory decreases, prices begin increasing; the old law of supply and demand. As I last indicated in the third quarter of 2013, inventory in Monroe NY had not yet caught up with national ... » Learn More about Monroe NY — April 2014 Real Estate Inventory