What is going on in the housing market? This comes from the Wall Street Journal, however, I have seen several reports from different sources. Are we experiencing a national real estate slow
This Week...The median list price in Medina, OH 44256 this week is $299,900. The 235 properties have been on the market for an average of 128 days.
The Market Action Index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.
Supply and Demand...In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory.
However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
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.If you had a crystal ball would you do things differently?Well, we do not have a crystal ball however we can follow trends. The trends are telling us that if you were thinking of selling then now