This year has gotten off to a better start than 2010; we are slightly ahead of last year. Several key components of the real estate industry have begun to take shape. Banks are starting to get an understanding of the markets and how to properly leaned money to purchasers. Also, Unemployment reports are pointing to less people applying fro unemployment. There are several other factors, like news media reports that some markets have hit the bottom and others already seeing increases, have started to encourage buyers to step forward in the recent months.
Of course, we could read deeper into each of these economic predictors, but I am not an economist. The most important details for us to focus on are the current figures of sales and under contracts in the High Country real estate market. Sales for the last few weeks indicate that this year is starting off better than the previous two years. Also, looking at a year-to-date for the previous 3 month and 6 month periods show a balance for our market. These are all good signs, nothing spectacular, but good.
Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top Listing Agent for 2009 & 2010
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!
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