After what has been a fairly active December into early January, will the colder temps and slight snowfall cause buyer’s to back off on their searches – so far I would have to say NO! But if winter actually shows some teeth this year, then all bets are off.
Jan 2011 was fairly quiet and the only real difference between last year and this year is the weather!
For anybody interested in purchasing, this is a good time to get started, as the inventory level is fairly good and the interest rates continue to remain low. All areas of the market are fairly well represented with a year over year price increase of approx. 2%