October 2014 - Real Estate Market Update

The pace of home sales reached its 2nd highest rate
of 2014 in August, but was slightly slower than the previous month and remains below 2013 levels. Prices also saw a slight decline in August, reflective of the general slowing in the market; however, prices continue to post year over year gains, but slower pace than earlier in the year. 

Bottomline the market is shifting to a buyer's market with more homes in the market. Watch the brief clip below for a complete report.