Summarizing the 2015 Real Estate Market

It’s been a head-scratching year. That has a lot to do with my few posts. Along with other professionals, I hold the widely held view of the year being an indecisive one with mystifying starts and stalls. Its sluggish start will likely define its close.

There are positive and encouraging signs: dollar sales volume continues to increase and this now has multi-year track record. Limited inventories, while frustrating buyers choices, has had the overall effects of not only preserving values but helping to increase values in most price categories.

But there are lingering concerns. Stagnant wages in the American workforce have been hinted at being behind what is viewed as the most anemic recession recovery on record. The Federal Reserve has repeatedly highlighted it as a component in the delays of  raising borrowing rates. Politicians are talking about it on the campaign trails. And the latest reports from National Association of Realtors are headlining it: What’s Behind the Drop in Sales Contracts?

 

About MD Real Estate Service

Realtor since 1997 with a priority to best service. Experience spans several MD counties helping buyers and sellers with condos, single family and town homes, new construction, land, sales, rentals and relocation. Get the attention you need, the expertise you expect with an agent who knows how to deliver in a no pressure way.
This entry was posted in Real Estate Market Outlook. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s