January 2017 Market Indicators

According to the January 2017 data released by Triangle MLS, this year’s real estate market opens with similar trends that we saw throughout most of 2016. Inventory remains low despite an increase in new listings. Substantial decreases in months supply of inventory and days on market means that buyers must be ready to act in this fast-moving market. As long as there is inventory to sell, then the 2017 local real estate market should be as strong as predicted. For information about how the local market affects your real estate needs, contact Peak Swirles & Cavallito Properties.