November had the lowest
amount of residential resale closings in 5 years!
There were 10,193
closings in the 4th quarter of 2012 and 8,047 in the fourth quarter of 2012,
which is a decrease of 21.1%.
Home prices continue to
increase from an average sales price of $163,219 in the 4th quarter of 2012 to
$208,287 in the 4th quarter of 2013, which increased 27.9%.
Short sale closings
have decreased in 2013. In Dec 2012 there were 1641 short sale
closings compared to Dec 2013 there were only 507, which is a 69.1%
decrease.
Contact The TurnerMac Group Today
Makea Turner-702-542-1883
Paul Macaluso-702-542-1993
