The FiDi Reports
The increasing pricing trends continued to rise with closings continue to occur at some of the area’s new developments. With the surge of new development closings, the median price dropped further away from the average price as the larger listings began closings. The story of the rental market for the 4th quarter was concessions. With vacancy on the rise, landlords began aggressively introducing concessions across the board in the form of free months or owner paid commissions.