May 13, 2025 - 02:56
In Jackson County, the real estate landscape is showing significant changes as we move into 2025. The residential inventory of homes available for sale has surged by 22.2%, with Ashland specifically experiencing a notable increase of 17.1% compared to the previous year. This uptick in inventory suggests a growing confidence among sellers, likely influenced by the current demand for housing in the area.
Simultaneously, the sales of existing homes have also risen by 7.7%, indicating a robust market where buyers are actively seeking properties. This increased activity is reflected in the average cumulative days on market, which currently stands at just 23 days. Such a short timeframe highlights the competitive nature of the housing market, as homes are selling quickly amidst the rising inventory.
As potential buyers and sellers navigate this evolving market, understanding these trends will be crucial for making informed decisions in the coming months.
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Safeguarding Homebuyers Against Builder-Bank Scams in Under-Construction PropertiesThe recent Supreme Court ruling calling for a CBI investigation into a builder-bank scam involving interest subvention schemes has raised significant concerns for homebuyers. Many individuals who...
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