Hello Out there.
Been to long since I have updated this blog. Well I am back with a vengeance. Look for a final 2009 in review and Jan 2010 numbers to be posted over the next couple of weeks. It will be five to ten days before Jan numbers are posted.
One thing I can tell you. This looks to be our transition year. Inventories 250K and below are very low. Overall we finished the year under 4000 resale listings for the County. Lowest number in years. Probably 50% of the current listings are distressed properties. Many would be quality listings are folks sitting on the sidelines at this point waiting for the economy and housing market to recover.
If you are thinking of selling get on the market ASAP before the late spring rush. New late spring listing always outnumber the buyers comming into the market. With the state of the current compatition if you have location, price, and condition you will thump the market.
Seller or buyer give me a call. Lets sit down and work out a strategy for success in this years market.
Till next time,
MIke