MARCH 2016 MARKET TRENDS

04/22/2016

Employment figures are positive, wages are going up and employers are hiring. Consumers are holding for the right deal, even in the face of extremely low mortgage rates. As seller and builder confidence increases, we should see more activity in Q2 2016. The second quarter tends to rank as the best time to list a home for sale. But if inventory stays low, it will be difficult to sustain sales increases in year-over-year comparisons.

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    Anne Herrera
    Sotheby's International Realty
    117 Greenwich Street
    San Francisco, CA 94111

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