Our Business

We were thrilled with our eight celebrations for thethis month. I wish we could relive the months of July and August again! It was just like the good old days. We would list the house and get multiple contracts or else get an offer that was what we were looking for within the first two weeks of putting it on the market. That does not mean that we didn't work hard to get it ready and that we didn't price it right because we did both of those things, but sometimes it just takes longer for us to get the right buyer. We found our buyers the right houses also and they had to move on the properties quickly or they were gone.

I wish we could sustain the momentum, but with school starting it has certainly slowed down, which is normal. The economic atmosphere with the continual depressing news and world wide happenings that are affecting our economy, all make the buyer and seller uneasy. I don't blame them, but I think they're going to be very sorry when they see the interest rates start climbing and seeing inflation increasing the prices of homes so they are out of the market before they even begin. In fact I have seen the interest rates climb a quarter of a point this week but we are still close to 4 1/2% which is really marvelous.

All of our cities this month have done better than what they did a year ago but now we are not comparing ourselves to the tax credit that we went through the first six months of last year. So we should be better and we are. As our contracts increase and our inventory goes down, our prices should go up and they have in most of our cities. So that should be encouraging to sellers that our prices are stable or going up, and it will should be encouraging to buyers that we have such low interest rates. So please call us if you have questions about the market.