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Home / Blog / Headlines & News / Housing Market Heats Up

Housing Market Heats Up

April 4, 2014 By Mary Catchur

Sold Real Estate Sign | Housing Recovery
Photo Credit: Mark Moz/Flickr/CC

Nexstar Broadcasting in Joplin, MO reports that the housing market is heating up and the weather heats up.

“As the weather heats up, so does the housing market. Right now, house sales are slow and the harsh winter had a lot to do with that. In fact, since this time last year, the average days a home will stay on the market has quadrupled,” the report says.

Watch the video and read the article: 2014 Spring Housing Market.

“We are still in a buyers market, and honestly, talking to professionals we don’t see us switching into a sellers market really anytime soon because there are enough houses and there’s enough inventory out there, in general,” said Fletcher.

Housing Market is Heating Up All Over the USA

The housing market in Joplin, MO is indicative of what we are hearing from all over the USA. The housing market is heating up, and as it improves mortgage rates go up.

What does this mean for home owners? It’s still a good time to purchase a home or refinance. Mortgage rates are at historic lows, but it appears they are going up.

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Filed Under: Headlines & News Tagged With: housing market heats up

Opinions, estimates, forecasts and other views contained in this page do not necessarily represent the views of Marimark Mortgage or its management and should not be construed as an offer to provide financing at the rates or terms mentioned. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval. Although Marimark Mortgage attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. Information from this page may be used with proper attribution.

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