Thursday, October 20, 2011

The Nest Realty Group Third Quarter Report

The Q3 Nest report is more comprehensive, and presents a more realistic view of this market, than the recent regional Q3 CAAR report.  

Prices are still dropping.  Due to lower prices, however, sales numbers in the City of C'ville popped up over the disastrous 2010 Third Quarter, which saw a national plunge in purchases due to expiration of the Homebuyer Tax Credt.

Related
Where's the Recovery In the Charlottesville Market?
National Trend Gone Local: Declining Inventory Doesn't Indicate Health In Today's RE Markets
WSJ: How To Make A Lowball Offer

1 comment:

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Charles A