Realtors blame winter for drop in St. Joseph County home sales - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Realtors blame winter for drop in St. Joseph County home sales


Our brutal winter seems to have kept home-buyers at home.

The numbers for St. Joseph County from January of 2014 are out, and they're down compared to the same month last year. We're talking about 37% fewer listings and a 18% decline in sales compared to January 2013.

"The positive side is that prices are starting to inch up as a result of lack of inventory," says Greater South Bend Mishawaka Association of Realtors President Laurie Ladow. "So for those sellers out there looking and thinking about selling, it may be a good time for them to consider because they're not going to have much competition."

Local realtors say they expected the January decline because the weather was so bad, but they're also expecting February numbers to be pretty low too. Nevertheless, they say March should be a great month because of pent-up demand.

Powered by WorldNow

Fox 28

58096 County Road 7, South
Elkhart, IN 46517

Switchboard: 574.679.9758
News Phone: 574.679.4545
Station Fax: 574.294.1267

All content ©Copyright 2000 - 2014 WorldNow and WSJV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Heather Stewart at (574) 343-5310. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at