The recovery of the U.S. housing market now appears to be well                                   VIDEO
under way. The low level of inventory is having a significant
effect in most markets and we are keeping agents, appraisers,
and home inspectors very busy. April saw a significant jump in sales
velocity with median days on market falling to 46 days from the
previous month’s 62 days with 44% of homes selling within one month.
According to NAR Chief Economist Lawrence Yun, April typically sees
the most significant gain in inventory in any given year, meaning low
levels of inventory are likely to persist throughout the year. Prices continued to rise marking the fifth consecutive month of double-digit gains in median price. With affordability still at historically high levels, the market continuing to improve, and inventory lending advantage to sellers, it could be an opportune time for a well-informed buyer or seller to enter the market.

Rain Silverhawk, e-pro, Short Sale and Foreclosure Specialist
Real Estate Agent
208-610-0011
http://www.northdahosandpoint.com
rain@northidahosandpoint.com
SP36782