2013 was the year the Real Estate Market finally landed on solid ground. The market was up 11.5% over 2012 with 2,062 homes being sold. Here are a few interesting facts:
- 713 homes sold for under $100,000
- Hottest Price Range $200,000-$250,000 with 274 sales
- Average Days on Market 161
- 30% of the purchasers paid cash
Will 2014 be better than 2013? Will interest rates increase? We receive many inquiries from clients expressing concern about the year ahead. This year will be just like the last 100 years……Opportunity faced with Difficulty.