C.A.R. Research Analyst Guillermo Flores shares the latest home sales numbers in our area with members of the Citrus Valley Association of REALTORS®.
“The market remained robust and both sales and prices continued to exceed expectations somewhat,” says Guillermo. “Interest rates declined further and set new records, while supply continued to tighten up further.
“The home-buying season has extended further into the fall, and strong pending sales in October suggest another strong month in November.”
The coronavirus remains the wild card, Guillermo says, because “the worsening of public health conditions is concerning. If we could somehow get it under control, the market should be more than ok in the next few months. If not…”
Also, you can download and share the C.A.R. City & County reports available in the Interactive Market Stats section of the car.org website. Don’t forget to check the Coronavirus [car.org/Coronavirus] website for the latest industry related updates during the pandemic.