-
March 2020 Hi Desert Real Estate Market Update
Greetings, As the weather changes, many are chasing the green to find good real estate deals. Below is the current market conditions from a mathematical view for the Hi Desert communities. Nothing makes a real estate transaction better than having informed and educated Buyers and Sellers. It is my hope you gain some knowledge from the monthly Updates. Last month, February, we saw record escrow closings (well, at least a record for as long as I have been providing these Updates!). In fact, January and February were well above past years for the same month. Other highlights include: Inventory continues to be low. Currently, we are at about July 2017…
-
January 2020 and Year End 2019 Hi Desert Real Estate Market Update
Happy New Year 2020!!! This month’s message is a bit longer than normal, but it includes my year end report along with my forecast for the year. With the Holidays behind us, it is now time to focus on the new year and how our local real estate market will respond. Let’s take a quick look at my 2019 forecast and see how I did. Here is what I forecast for the year of 2019 (My comments on the year are in red): I am trying to stay optimistic even though the end of 2018 could point to a slowdown. I am forecasting sales by unit to remain around 1,500…