It’s easy to sympathize with potential buyers who are sitting the market out in the hope that … “sanity will prevail” …”…the market will stabilize…” “…prices have to come down sooner or later….” Alas, for buyers at least, our analysis indicates the contrary: 2015 looks like it’s getting off to a very strong start.
Below are key takeaways from our recent analysis of sales trends over the last few months, which include the seasonally quiet year-end holiday period, along with what we’ve been seeing since the start of the year. These preliminary statistics, and, even more so, reports “from the trenches,” suggest that we may well be looking at the fourth intense spring season since the market recovery began in early 2012. ...