As of the past week I, as well as my agents at Towne & Country, Realtors, have seen an uptick in buyer activity. Internet inquiries as well as phone inquiries have increased significantly. Showings are up across the board and offers are not only being seen but several have been accepted or are in negotiations.
It appears that buyers are taking advantage of the combination of low mortgage rates and soft prices.
Properly priced homes will still sell in this market.
Keep educating yourself on the market because when it turns we will be past 'the bottom' of the market before anyone will see that we were 'there'.
Monday, February 11, 2008
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