Springfield Mo Real Estate Market Report12/31/2012
Springfield Mo Real Estate Market Report - December 2012
2012 became the turning point for the down market for Springfield Mo real estate. This year the market increased with sales and decreased in listings. Haven't seen this in over 5 years.
What this means to sellers is that market value will begin to increase in 2013. If listings continue to drop and sales continue to increase, it will become a sellers market once more.
For buyers, low interest rates continue, but the days of a "great deal" may be behind us. Buyers will now pay full price or or higher to compete with other buyers for the same home.