January 2016 Housing Stats for Central Texas
January stats have been posted and it looks like we’re off to a bit of a slow start. Keep in mind that January closings are a result of December sales and as previously discussed, the last quarter was suggested to be slower than expected due to new mortgage regulations known as TRID. That said, I fully expect the stats to catch and surpass those of 2015.
Election years are historically slower than others and though I’m still predicting a year that looks a lot like the past few years statistically, the slow start suggests now is the time to be a buyer! Why, call me and I’ll explain!
Even if you haven’t considered a move in 2016, I’d love to visit with you about the prospects of home ownership here in Central Texas. Reach out at your convenience and let’s make that happen!