Jefferson City area home sales jump
Surge in closings driven by state workers
Sunday, June 17, 2012
Residential home sales jumped more than 20 percent in Jefferson City during the first half of the year, the Jefferson City Area Board of Realtors reported.
The number of single-family homes sold between Jan. 1 and May 31 this year was 417, compared to 346 last year, a 20.52 percent increase.
Chris Christian, a Realtor and president of the local Realtors board, acknowledged home sales are driven in large part by the state workforce. “The fact that people seem less in fear of layoffs and things like that at the state maybe leading to some of that confidence that we’re feeling,” he said.


Comments
JCsleeper 1 year ago
Must be a result of all those pay raises the legislature has been studying.
JCNYer 1 year ago
But what they don't report is how many have been foreclosed in the last year.
melbrooks 1 year ago
RealtyTrac indicates Cole County's foreclosure rate in May was 1 in every 6465 housing units. For Missouri, it was 1 in every 1081. For the US, was 1 in 639. So the foreclosure rate is roughly six times less in Cole County than the state as a whole, and ten times less than the nation.
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