Midland home sales moving upward

Despite less-than-happy numbers nationwide, home sales in Midland are starting to nudge upward, according to the Midland Board of Realtors. Home sales for August, September and October were up 2 percent compared to the same period last year. But local figures show home values so far this year were flat compared to the same period last year. This year’s average value was $142,682. Even though there are good indicators, Barb Rice of Mid-Land Executive 1 Realtors, said she would love to see even better conditions. “Some homes have been on the market for a long time,” she said. “Some people have taken their houses off the market.” Because the market still isn’t great, home sellers “can only go so far” when negotiating deals with buyers, she said. Overall, she characterizes people in the market as remaining cautious and deliberate.

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