• Real estate sellers continue to find pricing power, benefiting from healthy demand, coupled with still-low inventory levels.
• Higher prices, lower supply and strong traffic - buyers feel pressured to lock in a deal.
• Pricing posts further gains in May, 2013
• Traffic remains above expectations, competition still fierce, buyers want to lock-in a home before mortgage rates increase.
• Time needed to sell a home continues to decline. Well priced homes do not stay on the market for long.
• See the full report at: http://www.georgeprescott.com/market-trends.asp
Presented By:
George Prescott Realtor, Dale Sorensen Real Estate
Vero Beach, Florida, (772) 633-0582
http://www.georgeprescott.com
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