Market Update May 2009 Suggested Reading

So what does all this mean to you? 

Homes are selling, buyers are buying.  The market is still shifting, and economic conditions are contributing to buyer hesitancy.  The good news is low interest rates and lots of homes to choose from are presenting opportunities that are too good for people to pass up. 

The average home in our area sold for 97% of list price.  If you are buying, this means you can expect to pay close to list price, once you find the right home.  If you are selling, it means that you probably won't be "giving your house away" if it is priced in line with the competition. 

The bottom line:  Now is the the best time to buy we will probably see in a very long time.  So whether you're buying your first home, or moving up to that dream home, take advantage of the market!