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Monday, May 31, 2010

Memorial Day 2010

This is the first day in a long time that I actually had a day off!

It surprised me that I hadn't posted anything in ages, since this is a crazy business and interesting things happen every day.

What's going on with the market?
It appears, at least in my opinion, that the under $450k market is very active. More and more listings in every price range are coming on daily. but the under $45ok market has buyers that are actually buying.

That means that once these "first time" buyer homes are in contract, those homeowners will start trading up. That's great news for the coming months.

To sell now means that you should take a hard look at where you are, what kinds of marketing have been done to attract buyers. If everything has been done and there's not been any activity, it's time for a price reduction!

I'll stay on top of this as the weeks progress.

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