Resales reported in the MLS for the past 30 days reflected a decline from the month prior. The decline was not substantial and was 11% higher than last years sales during the same time period.
Inventory remains steady. Approximately 38,000 active listings in the tri-county area.
The biggest change was home prices. 68% of the homes closed sold for under $200,000.
Good news for buyers, but not for the owners.
Tuesday, October 28, 2008
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