My Real Estate Blog

January 18th, 2010 9:35 PM
The market is off to a strong start. It is not reflected in the numbers but the traffic is up on my listings - which means there are a lot of buyers out there. I had two offers on one of my new listings so you can see the market is much different this year than last year at this time - I think it has a lot to do with the $8,000 tax credit. Only hindsight will tell us. There are 30 single family homes listed in 20171. Of those, there were 4 new homes. To see those, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-99474249-537. The one on Goldenchain was relisted with their 3rd agent and has been on the market 219 days. The home started at $1.85 million and is now down to $1,499,999. I guess the sellers were thinking it was 2005 with the aggressive price. We had 3 homes sell this week - 2 of them short sales and one a seller sold home. To see those, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-99474280-372. Although it was not a good week for the seller sold homes, I think we will see better numbers in seller sold homes this week. I see a lot of activity out there and hope it continues through all of 2010.

Posted by Angela Mitchell on January 18th, 2010 9:35 PMPost a Comment (0)

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