Market Watch for June, 2009!

Oh, wow, we are so excited for the little "flurry" of activity that we have enjoyed in the last few weeks. All I can say is that it is about time! I don’t know how long it will last, but we are selling our listings in such a short order, and our buyers are committing to buying houses as well.

We have had some struggles. New buyers still think it is a Buyer’s Market, but I don’t think it is! It is a fair market; right in the middle. Our inventory is low which forces a buyer to give a better offer and be willing to accept some “flaws” in a house (this is such my pet peeve… don’t get me started on what our contracts say!). Qualifying is still a challenge, money is still a challenge, but at least we have done better this last month than the 6 months before!

Let’s just hope we continue with the trend since prices are still flat and interest rates are still low. I have continually said there is some “pent-up” activity that will break loose when the confidence finally has returned. How do we impart that confidence? Not really sure except I believe you can trust me when I say this is a great time to buy!

Have you considered buying or selling or do know someone who is thinking of buying or selling? They or you should sit down with us and let us help evaluate if this is the time to make that move!