The California real estate market has been acting crazy for over a year now. See why prices are way up and inventory is way down. It’s now definitely a seller’s market.
Movoto analyzed some of the largest cities in the country to learn which have seen the largest decrease in inventory over the past 12 months. Cities on the West Coast lead the pack.
Based on the latest data from Movoto Real Estate, now is a decent time–but maybe not the ideal moment–to look at selling or purchasing a home in Portland. Local housing trends show The City of Roses is in a fairly healthy state, with total inventory down as price per square foot remains stable.
We are seeing a gradual increase in the prices of homes in areas that have been most affected by low inventory. This could be an indicator the housing market has finally pulled out of its slump. We’d like to think so. But we’ve been burned before. We’ll say we are cautiously optimistic.
2012 is off to the start we expected with seasonally driven increases in buyer activity on Movoto.com. Movoto was founded by entrepreneurs and we’re always optimistic, but 2012 looks like it will be a copy of 2011. Not horrible, but not exciting. Here’s how real estate market conditions across our coverage area closed the…
Movoto.com is bringing the market to you! Want a custom market trends widget on your local real estate market for your blog or website? Well, look no further because Movoto has widgets! Introducing our new Movoto Market Trends widget to add to our growing set of real estate tools for the web-savvy buyer and real estate agent.…
When will the housing market recover? Whether you’re a homeowner, real estate agent, real estate company, bank, politician, or just someone who’d like to buy a home sometime soon, that question is one that just about everyone’s asked at one point or another over the last few years. Truthfully, we here at Movoto aren’t sure…
