Archive for January, 2010
Friday, January 29th, 2010
The market continues to be very active, especially within the entry-level price range and up to $550,000. For example; last week, a 980 sq. ft. 2-bedroom condo entered the market and in only one day, went pending. With low inventory and limited quality listings, buyers are competing for reasonably priced ...
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Friday, January 22nd, 2010
More and more buyers are looking for distressed properties, thinking the deals are there. In today’s market, buyers will typically find two types of distressed properties: short sales and bank owned REOs. These properties are different in that short sales are homes that sell in pre-foreclosure phase, while REOs are ...
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Friday, January 15th, 2010
Local agents agree that the real estate market will soon return to the same high-energy activity levels seen before the holidays. Already we are seeing a noticeable, steady interest from eager people showing up at Sunday Open Houses, especially in the $650,000 and below price range.
The first half of ...
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Friday, January 8th, 2010
What will the 2010 market be like? Depending on your news source, you will hear either good or bad news about the upcoming real estate market.
On a national level, The Wall Street Journal reported on December 29, 2009, “Latest Home Price Data is Good News for Buyers." The paper referenced ...
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