So, here we are, almost at a flatline of gains since this time last year. August is showing itself to be slow in volume with prices down again. As August is always slow it’s not a good bell-weather for the marketplace.
September activity should bring useful information.
Anecdotally, I’m seeing investors in the market looking for opportunity – buying and planning renovations.
Happy August,
Jane
In the world of financial and business soothsaying most of us have heard the expression, “The Trend is Your Friend.” Identifying when a trend has been established is important. House prices have been increasing for 8 weeks in a row – but for the previous 38 weeks they decreased. Is this a trend or a […]
Read MoreOver the final weeks of December and into the new year the experts producing economic reports have been overwhelmingly grim. On the topic of real estate, they did not take into account the great behind the scenes activity in the market. On the one hand, we should all be wringing our hands and drowning in tears, […]
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