A blog dedicated to informing the public about what's happening in various markets across North America. Data and information will be supplied by Top Agents throughout North America, so you can rely on getting quality information in your market. All agents will be known to me and must qualify to be a Top Agent.
Monday, October 06, 2014
Pending Home Sales Nationwide Fall Slightly in August 2014
Nationally pending home sales were down slightly,. The SW Florida real estate market stayed even despite lower inventory levels.
Fort Myers and Cape Coral pending sales fell to 1,228 which was down 2.5% from last year. This is good news as pending sales would be up if we had more inventory to sell, so this isn't a demand issues as much as it is a supply issue.