My Real Estate Blog

July 4th, 2009 5:40 AM
We are continuing to see the market slow down but it is still doing very well.  The slow down could be a result of the 4th of July or just the summer. Our interest rates went lower this week so that should spark it up again. The inventory has crept back up to 50 active single family homes for sale in Oak Hill. There were 12 new listings - 2 of which were reissued listings. Check them out at http://matrix.mris.com/Matrix/Public/Email.aspx?ID=31716403516. We had 6 homes sell this week, 5 of them were on the market less than 30 days and the 6th one was on the market 99 days. See http://matrix.mris.com/Matrix/Public/Email.aspx?ID=31716030581. This is still showing that well priced homes in good to above average condition are selling in 14 days - so the key is to price your home well and get your condition up. Buyers do not want to move into a house where they have to do work - especially big ticket items. It would be great if the market continued at this pace through the summer.

Posted by Angela Mitchell on July 4th, 2009 5:40 AMPost a Comment (0)

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