Home buyers still confronted by a challenging market

The prime time to buy and sell a home is near yet the process remains fraught with low inventory and rising prices. There was a 22.6 percent drop in single-family houses in the Buffalo market in March — down to 625 closed transactions compared to 807 in 2017. That was impacted by a 16.3 percent decline in available homes — 2,407 from 2,875 in the year-over-year period. New listings fell 13.1 percent to 1,285 from 1,478. That again made it a seller's market with median prices climbing 11.7 percent…

from Real Estate Top Stories on DNAinfo - Thursday, April 12, 2018 | 12:16pm & Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/2qrtEm1
via IFTTT