RE/MAX National Housing Report - July 2014

According to the National Housing Report provided by RE/MAX Headquarters in Colorado, summer home sales have been on the rise for four months in a row. Currently, on a national average, homes are selling in 62 days with approximately 4.1 months of inventory on the market.

“The increasing inventory of homes for sale is having a positive impact, despite some lingering challenges with lending standards, so the recovery remains in place. If the overall economy improves, history has shown that housing is likely to stay in line with long-standing seasonal trends.” Margaret Kelly, RE/MAX CEO. Click here to download a copy of the RE/MAX National Housing Report for July 2014.

For more information about the housing market in Phoenix and the surroudnign areas, please give me a call today. Pricing your home right is the key to successfully selling and with more inventory on the market, there are plenty of options for those looking to purchase. Nate