September 2018 Market Reports

October, 13th, 2018

Housing Supply Overview According to a recent study by Fannie Mae, 24 percent of Americans feel that now is a good time to buy a house. That number was 54 percent five years ago. Feelings change rapidly when incomes do not match well with home prices and frustration sets in. For the 12-month period spanning October 2017 through September 2018, Pending Sales in the Western Upstate region were down 0.2 percent overall. The price range with the largest gain in sales was the $150,001 to $200,000 range, where they increased 11.7 percent. The overall Median Sales Price was up 5.8 percent to $172,500. The property type with...