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October 22, 2014, 2:58 am
970 WMAY News

Springfield Home Sales Still Down From 2013

Home sales in Springfield in 2014 are still lagging behind last year’s pace… but local realtors hope to reverse that trend by the end of the month. 


Efforts to jump start the local market are being hindered, though, because of a small inventory of available homes.  The Capital Area Association of Realtors says even though home sales were up in May compared to a year earlier, overall year-to-date sales are still down four-percent from 2013. 


And a survey of local realtors says one-fourth of prospective buyers reported that they’re holding back on a purchase because the smaller selection of houses has made it harder for them to find the right home.

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