The market again remains the same as last week. There are 41 single family homes for sale in Oak Hill. If a nice home, well maintained, comes up on the market - it receives multiple contracts within a few days and is selling at full price or maybe even slightly above. This week, we had 7 new properties - 1 of which was a relisted property. Of those 7 new ones, 3 were either foreclosures or short sales - which is not good for our market or our economy. I sold one on Ripplemeade in October of 2005 for $730,000 and it is now on the market for $575,900 as a short sale. Another short sale is 12811 Wrexham Road. It sold in July of 2005 for $530,000 and is now on the market as a short sale for $389,000. The third is a foreclosure on Fox Mill Road and sold in August of 2004 for $600,000 and is now on the market with the bank at $469,000. To see these homes, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-91244975-37. There were 5 homes sold this week - which is good. One of these was a short sale the other 4 were seller sold homes. To see those, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=33419186675. Overall, it looks like the $8,000 new home buyer credit is keeping us afloat and our market from deteriorating. We have definitely not seen any increase in inventory for Fall. Usually, starting in November, our inventory decreases till January so it will be interesting since we don't have much inventory to decrease from. Our prices have remained stable since about March. Happy October!