We are into the Spring market and the activity is fantastic! The $8,000 Stimulus Tax Credit given to first time buyers (purchasers who have not owned for previous 3 years) has helped generate new activity along with the competitive interest rates and good inventory.
Locally, the closed sales dropped a bit in March & April but the average sales price increase and holds around $175,000. The pending sales, those with accepted offers waiting to close, have increased in April & May.
If you are thinking about buying, this Spring and Summer seem to be a great opportunity to do so. With the average sales price slightly increasing, statistics show us that values are once again increasing, thus another reason to get in gear now rather than wait any longer!
We have buyer tips on our website and we are available for a consultation upon an appointment request. Please email me at: Lori@CallChoiceRealty.com.
Monday, May 4, 2009
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