The key word in the housing market this year is Inventory. The numbers for 2014 will look lower, but it doesn’t mean it’s a bad market, it just means there’s low inventory.
Why do great neighborhoods have such low inventory?
· *60% of the buyers are from out of town and they’re looking for GREAT SCHOOLS.
· *Majority of the Buyers are educated executives and education is a driving force in their decision-making.
· *All time record low interest rates.
· *People are afraid to put their house on the market, unless they have a place to go.
*If *If you are thinking of selling your home, this is a great time. Inventory of homes in The Villages are Low!
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