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Real Estate

Howard County Housing Sales

Total volume of sales were up 2015 from 2014, Why? What is in store for 2016?

Looking back over the past year, the statistics seem promising. Total number of sold units in our county increased from 3472 in 2014 to 4136 in 2015. That is a healthy 19.12% increase! What does that mean for 2016? Many of the talking-heads are predicting a real estate crash in 2016. I happen to disagree, or at least I don’t believe that will happen in Howard County.

There are always many factors that play into predicting the upcoming market. This year being a presidential election year usually finds the market soft or at least slow and stable. I would consider that to be the same for this year, but a few other factors including the volatile stock market, days on market, time of year, number of recent sales, number of inventory, all come together to paint the entire picture. I believe that we will have a slow beginning of the year but a very strong spring which will continue through to the fall. I believe we will see a small appreciation over the year and a healthy balanced market between buyers and sellers. I know many people are waiting until spring to put their house on the market for sale, but that might not be the best idea. Call me for a FREE analysis of your house and the market, and when would be best for YOU to put your house on the market. Place my 20+ years experience on your side!

-Debbi Rivero, Hall of Fame Realtor @ Re/Max Advantage

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