JANUARY 2017 MARKET TRENDS

02/19/2017

January brings out a rejuvenated crop of buyers with a renewed enthusiasm in a new calendar year. Sales totals may still inevitably start slow in the first half of the year due to ongoing inventory concerns. Continued declines in the number of homes available for sale may push out potential buyers who simply cannot compete for homes selling at higher price points in a low number of days, especially if mortgage rates continue to increase.

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

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