The real estate activity was nearly double the previous week. Of course we had Christmas 2 weeks ago, but New Years was last week. That said, it was still just about half of what we saw before the holidays. Here are last week’s numbers: (click on the number for that list)
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For those regular readers amongst you yes, there is a minor change in our report. We now include both price increases and reductions under one category: price changes. We think it cleaned up the graph a bit, making information more visible. We like to hear your views.
Price reductions continue to be the majority of the price changes. As we come to grips with the “new” market sellers are trying to get the maximum for their home, while buyers are trying to pay as little as required. Kind of sounds like a “normal” market doesn’t it?