Good Looking Third Quarter Real Estate Stats! October 2009
The economic news is finally starting to look better! We all have our fingers crossed, but it seems the real estate market bottomed the 1st quarter of this year. Looking at the average sale price per quarter since 2007, you can see how quickly the market dropped and how it may be picking up:
Quarter 1st 2nd 3rd 4th
2007 $165,990 177,966 173,246 166,856
2008 154,698 170,186 165,378 148,976
2009 137,759 159,796 167,140 ??
Data from the
The next quarter will be an important piece of the puzzle. The feds are still keeping interest rates low! You may get more for your house, and it is still a great time to buy. If you are thinking about it, now is the time to consider a move.
Don't forget the 1st time home buyer tax credit...$8000 cash in their pocket. Deadline to close is 11/30/09!! They will thank you for referring them to us. Real Estate Success, Darla;-)
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