My Real Estate Blog

The market is doing well for sellers and the buyers are having a hard time finding a home for themselves. The inventory of single family homes in 20171 is now at 35, which is 4 less than last week and 5 away from the all time low in 2005. There were 6 new homes on the market this week. To see those, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-95376254-825. Great news for the sellers, 6 homes sold this week - which is 4 more than last week - and none were short sales or foreclosures. To see those homes, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-95376260-802. I put a new listing on this week and the home had 20 showings in 2 days - that is pretty close to what was happening in 2005. I am sure 2005 is not returning but I do think that till more homes come on the market, buyers will be competing with each other on the homes that are very desirable. Have a great and safe Thanksgiving weekend

Posted by Angela Mitchell on November 23rd, 2009 4:15 AMPost a Comment (0)

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