08-20-2013, 01:29 PM
08-20-2013, 02:49 PM
Quote:Kalamazoo, Michigan – August 15, 2013 –
The Greater Kalamazoo Association of REALTORS
®
(GKAR)
announced their response today to the Monthly Cumulative Sales Report for July. The data continues to
display encouraging housing news for Kalamazoo area home buyers and home sellers alike.
Residential homes sold (closed) in July 2013 indicate
a 28.3% increase compared to July 2012. In addition,
the average residential selling price last month, compared
to July 2012, also indicated an increase of 6.47%.
http://www.gkar.com/docs/sales_reports/m...y_2013.pdf
08-20-2013, 05:05 PM
5 or 6% used to be the norm in appreciation. It will take several years of that to get home values back to where they were even 5 years ago.
I like the 12% plus gains I'm seeing on the east and west coasts.
I like the 12% plus gains I'm seeing on the east and west coasts.
08-20-2013, 07:08 PM
(08-20-2013 05:05 PM)Chipdip2 Wrote: [ -> ]5 or 6% used to be the norm in appreciation. It will take several years of that to get home values back to where they were even 5 years ago.
I like the 12% plus gains I'm seeing on the east and west coasts.
Home sales are up. Banks are easing up on requirements and many homes are selling quickly. We have the lowest inventory that we have seen in years.
For me July was down as I only sold 3 homes the entire month, but we are a little past the half way mark of August and I have 6 homes sold this month.......would have had to more, but my investors were slow to get back to me and we were beaten out as the homes sold in just a matter of days.