My Real Estate Blog

I hope everyone had a great Easter and a wonderful Spring Break. It is now time to get down to some serious real estate talk. I guess the Washington Post had some positive news on real estate. The market this week did show signs of more life. By that I mean, the listings are still getting about 2 people through each week - but they are not just lookers. The buyers are actually writing contracts so that is great news for the real estate market. Last week in 20171, we are up to 117 homes on the market - up from last week by a few - one of which was a foreclosure - which in itself is good news - maybe the foreclosures entering the market are slowing down. There were 17 new listings - 3 of which were relists. The great news is that 5 homes sold this week and NONE of which were foreclosures. The market seems to either remaining stable or has declined slightly but if this week continues as a trend - it will begin to finally to level off. It is looking like a great time for buyers to start getting serious. If you have any of your own thoughts on this, It would be great to hear from you.

Posted by Angela Mitchell on March 29th, 2008 7:34 AMPost a Comment (0)

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