Values are stabilizing and trending up a bit in our area because inventories are lower than they were, and the buyers have been out in force.
We are going to continue to see little ups and downs from month to month as we bounce along the bottom. The overall trend heading up will be accelerated when all of the distressed properties are gone.
I would be glad to go more into depth on the topic.
Feel free to contact me, or message me for more details.
All the Best,
Jim Sweat, ABR, CRS, GRI, CDPE, e-PRO, ILHM