Update on or Market

Update on or Market

Well.  Lets see inventory still low and high supply of buyers.  Meaning we are moving up in prices.  New Homes are on a lottery system now.. although not all of them are.  Believe it or not I had an agent get three FHA acceptances this week.  WOW!!!  and they competed against cash...  Just goes to show - its the agent that makes the difference.

We had over 15 sales this month!!! I think there is this sweet spot in real estate and if you have a great agent.. you will get what you want.

We are seeing more traditional sales, than REO's (bank owned) and short sales.    We are still in a sellers market and seeing overbidding up to 30-40k.  But some of these sellers are seriously over priced. 

Loving this market...


Ivy Beller Headshot
Author:
Phone: 702-526-2298
Dated: March 29th 2013
Views: 490
About Ivy: Over 17 years experience in residential sales, land, multifamily and commercial. Director of sales ...

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