Home sales experts: Summer sizzle for home sales may not be as hot as it looks - Detroit Free Press

They say we'll be back to lower sales this fall, with a real recovery possibly next year. Its data is from closed sales as reported by its Realtor members. But volatility still remains in areas with lower home prices in general, she said. And whether the outlook is optimistic or pessimistic," Braun said. I think we've seen about it for the increases this year. The number of Homes for Sale declined to 31,457 in August, an 18. About 83% of homes sold last month cost less than $200,000. This is a great sign for the market as it signals investors are not concerned with the market declining further, and not worried about getting stuck with properties that are losing value. With interest rates where they are, we expect to see more," she said. As long as we don't have any major hiccups we will continue to see things stabilize. Homes for Sale