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November 2015

Found 1 blog entry for November 2015.

As things cool off for the winter, the same is true of the real estate market.  Ongoing speculation regarding job security has played a major role in our reduced sales this year.  With that trend likely to continue for the next few months at least, the housing market will not see an upswing any time soon.   There does however, come a point where sellers will not reduce any further due to seasonal effects on the market.  Regardless of oil, the Christmas season is a slow time and sellers know this.  The majority of my clients are at the point of pulling their homes off of the market until the new year.  As the following graph shows, the number of sales picks up in the spring as it did earlier this year.  With that, prices recover as well.

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