eNewsletter from Brad Gough

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April 2017 eNewsletter
The start of the year ushered in a wave of good news about a hot stock market, higher wages and an active home sales environment. Just as we saw many times in 2016, buyer activity is easily outpacing seller activity in much of the country, culminating in relatively quick sales and low supply. Demand definitely remained strong this month.

Closed Sales remained unchanged at 1,984. Pending Sales increased 4.3 percent to 2,550, and Inventory shrank 17.2 percent to 8,489. Median Sales Price was up 12.6 percent to $152,000. Percent of Original List Price Received increased 1.2 percent to 94.0%. Absorption Rate was down 23.7 percent to 2.9.

Unemployment has reached pre-recession levels, and Americans remain optimistic about finding quality employment. This matters because job growth and higher paychecks fuel home purchases. Demand is high and potential sellers should take notice and consider what this market has to offer.

Know someone that needs a new home?
If so, click below to view this month's listings

Click for 3D Tour of 17152 Bright Moon Drive - $599,900

Click for 3D Tour of 17248 Crescent Moon Drive - $465,000

Click for 3D Tour of 7502 N. Meridian St. - $399,900

Click for 3D Tour of 6325 Riverview Drive - Now Pending

Click for 3D Tour of 13975 Boulder Canyon Drive - Now Pending

Charities That I Support

There are so many great charities out there that and it is very hard to decide what to donate to. My wife Elissa and I have been very fortunate and have a good life. We simply can't donate to everything, however, we are very passionate about several different causes. We are sustaining members for the following organizations and encourage each of you to donate in any way you can to a cause that you are passionate about too.