As expected, the real estate market slowed down over the holiday season. The question is what will happen in January? We are still experiencing a market characterized by low interest rates, a great economy, job growth, stabiling home prices. That said, we should start to experience an increase in activity both from the buyer and the seller side. I look for January to follow the latest trends but see the real estate market picking up in the spring. It is still a great time buy or move up to a larger home!

For a breakdown of December’s sales by price go to SalesBreakdownbyMonth.xls

Interest rates are still hovering around 6% with no points.