Monday, March 11, 2019 / by Hunter Habib
Happy March, everyone! Since the end of 2018, our team has been tracking an emerging trend, which has indicated a slow start to the 2019 year. Late last year, we started noticing a change affecting sales and made mention of the “shifting market” in our February 2019 Market Introduction. Now that we’re in March, the trend has been confirmed. The change has affected both January and February sales as reflected in the area’s decrease in pended sales. However, this trend does not in any way suggest a downturn or any reason to become concerned with the market. The shift can also be short-lived, as our market is experiencing normal behavior as we continue to balance out.
However, you’ll still want to make sure you’re working with an experienced REALTOR® in a shifting market, no matter how short-lived the shift may be. For instance,
Also, area brokers also report that March thus far has seen increased activity in open house traffic and sales, so it will be interesting to see what our next Market Introduction will report on for the full month of March. Many area brokers are predicting that we’ll see an uptick in
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D. Michael Burke, P.A.
Keller Williams Elite Realty
26381 S. Tamiami Trail, Suite 300
Bonita Springs, FL 34134