Monday, May 12, 2014

REIN Press Release: April Home Sales


Real Estate Information Network(REIN)
Hampton Road
Real Estate Update

   As you will see the April report from REIN is consistent with     
   comments presented in previous posts:

     Home Sales are stuck in neutral in the initial months of 2014.

    The very good news is that distress homes are down and are less 
     impactful on home sales.

     Read for history but know that May's report will be much
     improved simply due to weather improvements.  Personally, I 
     have seen a direct correlation between weather and improved
     listing and sale activity.




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