Yesterday’s National Association of Realtors® report on the drop in pending home sales blamed the drop in investor purchases. I think this had something to do with it, too: Consumer confidence falls sharply in September – MarketWatch.
Case-Shiller’s (always lagging) report on home prices for July also proved what I’ve been saying: Late May and June were the best of the real estate market for this year. Even “hot” real estate markets showed declines.
To price your Flagstaff home to sell, contact the agents who get the direction of the market right: Elite Team at RE/MAX Peak Properties.
