“Even though activity has slowed its pace from 2013, a strong showing in the number of sales during the first quarter of 2014 means year-to-date sales numbers are only 0.1% behind 2013,” according to Sandylee Pasquale, 2014 RANM President. “The increase in median prices over the past three years (January through September 2012: $166,000; January through September 2013: $172,450; January through September 2014: $175,000) is good news for sellers, and because the increases have been offset somewhat by low mortgage rates, affordability for buyers remains good also.”

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