AlfonsoGomezBroker.com - Yesterday a report came out stating that pending home sale grew in May. I'm in the market every day and I can tell you that this market is shifting, it is being a 'normal' market fast. The amount of buyers vs sellers is becoming equal fast.
This means that more homes have flowed the market, typical for the summer season, and less buyers, less than within the last year, have entered the market. A lot less investors in the market now because of values increase, profit margin are too tight.
Buyer will have more choices and sellers will sit in the market just a little longer.
Wow, this is what a 'normal' market feels like, nice...
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