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February 2015 National Housing Report

by Lisa Bray

February 2015 National Housing Report

Like last year, 2015 home sales are starting the year with softer home sales according to the February 2015 National Housing Report. January home sales were 3.9 percent lower than sales in January 2014. Last year, sales improved dramatically during the spring and summer months and three of the last four months of 2014 recorded higher sales than one year earlier. The inventory of homes for sale was 10.9 percent lower than one year ago. At the current rate of sales, the corresponding Months Supply of inventory fell slightly to 5.2 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

 “One month certainly doesn’t make a trend. As we saw last year, home sales started rather slow, but rebounded during the prime selling months. In fact, 2014 ended with a respectable 4.9 million sales of existing homes, which we believe represents a sustainable rate of growth. So, we still need a few more months of data to tell how this market will perform in 2015.” -Dave Liniger, RE/MAX, LLC CEO, Chairman and Co-Founder

The average Days on Market for all homes sold in January was eighty, which was six days higher than the average in both December and January last year. Typically, January closings are lower than those in December, and since 2008 the RE/MAX National Report has recorded an average 26.9 percent drop from December to January. Also likely impacting January’s lower closings is a continuing tight inventory and increasing prices. Inventory was down 10.9 percent from January 2014 and was 5.2 percent lower than December’s inventory. Click here to download your copy of the RE/MAX National Housing Report for February 2015.

If you’re looking for more than just a home in the West Valley, please contact me for a complimentary analysis of your home's approximate present value on the market today. – Lisa

www.LisaBray.com

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Fall in Love with this Perfect Goodyear Home for Sale

by Lisa Bray

Fall in Love with this Perfect Goodyear Home for Sale

With Valentine’s Day just around the corner, it’s time to fall in love with this perfect Goodyear home for Sale. This sweet two-story home features four bedrooms, three bathrooms, and 1,800 square foot of space to call your very own. The large living and great rooms are lined with plush carpet and cool ceiling fans. Non-laminate counters, breakfast bar, and tons of wood cabinets await you in this spacious kitchen. And the large master suite has a full size bathroom with his and her sinks and roomy walk-in closet. Your heart will sing when you see the lush green grass, covered patio, and private gated pool in the backyard.

This Goodyear home for sale is perfectly priced and move-in ready so don’t wait for cupid’s arrow to strike you. Make it yours today! To schedule a private showing of 14367 W Lexington Avenue in Goodyear, Arizona please contact Lisa Bray today!

www.LisaBray.com

602-762-3691
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More Than Just A Home

Displaying blog entries 1-2 of 2