The hot real estate buying time is thought to be in the winter when our snowbirds are down. This is not the case this year. Our new numbers are out and by all accounts we are double the amount of sales from last year to this year. Most of the home sales have been $300,000 or less but in the last month the mid $400's and higher are becoming more prevalent.
The hard hit condo market is still having problems. No one wants to lend money for them unless it is more owners than investors or renters. the old adage Cash is King runs true here.
I look forward to more short sales being put on the market in the fall but overall the market looks a lot better than in the last couple of years. Everyone (Realtors, Mortgage, Title, Home Inspectors and etc) are very busy!
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