2015 National Housing Market Report by the Numbers

According to abovemag.remax.com, the 2015 national housing market report saw a drop in sales, yet despite the cool down, the numbers were higher than at the same time the previous year.

October saw sales drop 22.6%, which was almost twice the eight-year average of 12%. Some place the blame of a cooler October on the new closing procedures, or TRID, that went into effect that month, causing some confusion and delays.

Despite lower numbers that continued downward in November and again in December, the national housing market remained stronger than it was at the same time in 2014. The median sales price in the midst of the drop still finished 4.1% higher than it did the previous year, rising for 46 consecutive months.

For buyers and sellers, the usual “hibernating” trend has continued through the winter months, but spring is just around the corner, so if you are planning to put your home on the market, you will want to begin readying it–and yourself–now.

Spring in North Carolina is exceptionally beautiful and Tryon, NC is no exception to the rule. Visitors begin to arrive to participate in the many local activities. Plus, Tryon’s Trade Street has been placed on the National Historic Register, which undoubtedly will garner visitor interest.

April will bring many activities at the Tryon International Equestrian Center (TIEC) as the 2016 season gets going. Along with TIEC’s kick off to a new season, the Art of the Horse begins as well. Take note too of the new “Historic Tryon” signs posted on I-26, heading East and West. Remember: “Nearly Perfect, Always Tryon.”