August Market Update.

August numbers are reflecting a strong market: We are still seeing a strong increase in price of sold homes. How much longer is this trend going to continue? I'm watching the market closely and as I mentioned in my last post, we are seeing signs that indicate we are about to witness a change: Inventory is higher than before and homes are taking longer to sell. Nobody has a crystal ball but my prediction is that we will be witnessing softening of the market soon.