Current active inventory is 405 residential units / 5.95 months supply at current sales ratios. 91 pending status and 73 backup status for a total of 164 pending units. 68 closed sales in February 25% of all residential sales were CASH. Average price per square foot...
C.A.R. closely monitors and analyzes trends in the residential real estate industry. The table below contains the latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability...
Single family residential sales finished out in 2014 at 866 total units. This is the least number of units closed in the past 10 years, and 26.98% fewer units than 2013. The 10 year average is 1615 units and in 2014 units closed were 45% less than the average....
Typically in real estate, the word “delayed” doesn’t prompt a smile but in this case, it does! According to the Single Family Housing Guaranteed Loan Program which was supposed to implement the new rural eligibility maps, those communities that would have been deemed...
