My Real Estate Blog

The last week of August - the last week of summer - now the leaves will be getting ready to descend. Happy almost September. We have 55 single family homes on the market this week - relatively stable from last week but a low inventory. The traffic through my listings has been good but it is definitely slower than what is it was in July. We have not seen many homes under $500,000 sell in the past 3 week.s This will hopefully change in September. We had 3 new listings come on the market this week - one was a reissue that has been on the market 102 days. To see those, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-121631188-957.  We had 7 homes sell this week - many of those have been on the market for awhile and have had price reductions before they found the price to attract a contract. One was a short sale that the present owner paid over $500,000 in 2005 and, after 360 days, just got a contract when listed at $360,000 - the split foyer on Conquest. To see the pictures and get more information on these homes, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=38349178309. I hope you all enjoy your last holiday weekend of the summer - Happy Labor Day!

Posted by Angela Mitchell on August 29th, 2010 12:31 PMPost a Comment (0)

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