So, it’s been an unusual year, to say the least, but the real estate market is still humming along in Springfield. It’s a great time to be a seller. Prices are in good shape. Interest rates are at or below 3%, an amazing figure that we haven’t seen in a long time. The conditions are excellent for a move. So far in 2020, even with the uncertainty surrounding the Coronavirus, more than 2,400 people have moved into a new home. That’s just 150 fewer transactions than last year in Southwest Missouri as a whole for all real estate companies. At Murney we’re ahead of where we were last year by 119 transactions. Not bad during a pandemic! Let’s take a look at the numbers for the real estate market for the second quarter of 2020.
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The market in Southwest Missouri continues to be solid. For the past 6 months, we’ve seen steady increases...