My Real Estate Blog

The market continues to show great strength. We have 48 single family homes on the market - the lowest the inventory has got in years - at our lowest - when the market was very hot - we had 30 homes on the market in all price ranges in 2005 in Oak Hill/Herndon.  We had 8 new listings come on the market for this week - none of which are foreclosures or short sales. One was a relisted home so an actual net of 7 new homes. To see the current new listings, click http://matrix.mris.com/Matrix/Public/Email.aspx?ID=31232109499 A whopping 12 homes got contracts this week. To see those, click http://matrix.mris.com/Matrix/Public/Email.aspx?ID=31232164947. Only one was a short sale so the sellers solds did really well this week. It would be great if this lasted through the summer. The end of the school year is on us and summer vacations start so we will watch the trends.

Posted by Angela Mitchell on June 7th, 2009 6:25 AMPost a Comment (0)

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