Our members are fortunate to have the Trends reporting within our Rapattoni MLS. Once you’re logged into the system, you can click on “Trends” and run your own reports about the market.
While the market is continuing to improve in the greater Springfield area, I get excited about the inventory months. It has steadily gone down and as an agent, you’ve likely noticed that houses are moving fast and going under contract quickly. The stats for May 2013 show an inventory of six months even on the market. This would indicate that we have entered into a Sellers Market, which means it is a good time to list property.