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Health & Fitness

Update on our local housing market-Lower Gwynedd, Ambler, Whitpain

Overall, we did feel a softening in the demand for residential real estate in September and October, 2013 as interest rates started to climb and as a result of the government "shut down."

Fortunately, our area currently has 5 months of inventory as compared with the entire Montgomery County area with 7 months of inventory which places us in a "seller's market."  A normal balanced market has about 6 months of inventory.

Interest rates have settled down again and buyers are out looking for homes.
It is actually a great time to sell with less competition in the marketplace. 

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