December 2014

Found 1 blog entry for December 2014.

According to Jim Holody, President of LSTAR, "Last month's statistics are just more proof that our local market continues to function at a very healthy pace." November 2014 was the 7th consecutive month in which area home sales outstripped those of the previous year:

  • in May by 5%
  • June by 23.4%
  • July by 24.4%
  • August by 13.6%
  • September by 11.1%
  • October by 8.4%
  • November by 4.7%

577 homes sold last month, making it the best November since 2010. "Year to date, 8,050 homes have exchanged hands in our jurisdiction," says Holody. "That's 7.4% more transactions than last year at this time." According to research by the Altus Group, one job is created for every three real estate transactions and approximately $55,000 in ancillary

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