The holiday chill has officially taken full effect. In the span of about a month our inventory has shrunk more than 50% - from 48 the week before Thanksgiving to 23 the week before Christmas. Only 2 new listings hit the market last week (no surprise there), while 6 went pending. It's difficult to predict exactly how long it will take for things to pick back up, but if 2016 plays out like 2015 did, buyer demand will return far quicker than inventory. With that being said, if your looking to buy in early 2016 it would be best to put your feelers out sooner rather than later - in case your able to find the right home before a wave of new buyers enter the market.
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