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Monday, March 28, 2016

Is the March mini-boom in real estate true or is it a myth?

In a few more days it will be March 2016 and you probably have heard of something commonly called the March mini-boom. Read more-

The above chart shows the average Home Resale Prices for 2012-2015 or 4 years and you will note that the upward trend in prices more distinctly starts in March. Click picture to enlarge.

Last year a listing in the $500K range that was put in the market towards the end of May instead of March would have gotten the seller $40K more if the seller opted to put it in the market earlier as he lost the momentum of the upward trend in prices. Contact Alex for questions 416 8875193.

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