Fall market

The last half of September has seen a slow down in showings. I would say a slow down in the market, but as soon as I tell someone that, it gets busy. There have been sales, but not as brisk as during the summer. All in all, I would say that it has been a good year for the local real estate market. We are even seeing a few residential lots sell that had been on the market for quite a while. When lots sell, hopefully this leads to new home construction. New home construction usually leads to activity, and a more positive outlook on the market. While there has not been much for building activity before this past season, there are two homes being built in the Whispering Creek area, and there have also been a few move-on houses set up in town. And with the construction of the new seniors housing project to start by spring, this could be the beginning of some busy times in the local construction business. Plus, with the new seniors facility, there will be 20 to 25 more jobs. If we think that the rental market is tight now, wait until those new workers start looking for a place to live! We need more rental units for these people and it will be upon us quicker than we think. With only 17 houses for sale on the MLS system today, plus a few for sale by owner places, I am thinking that the coming year is going to bring some challenges!