How’s the real estate market?

Market Pulse & Trends 2017 vs 2018

What was the impact of low inventory, stress tests and the rise of interest rates on the Huntsville/Lake of Bays Real Estate Market?   Buyer Demand Compared to 2017, we experienced lower inventory in both the Residential Market and the Waterfront Market. Buyer demand in both markets remained evident, despite the introduction of the nationwide 'stress test' in January 2018 and the forecasted interest rate increase. Steady buyer demand resulted in the continued high list to sale ratio and fewer days on the market.  Differences in List to Sale Ratio and Days on Market (DOM) for 2017 vs 2018 were nominal. Annually we saw an increase in average sale…

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