The market in San Angelo is stable right now. Loans are being funded and homes are still selling. The major news stations do not give a true picture of the San Anngelo, Tx Market. I have posted my 2008 Market Report at http://tinyurl.com/56xmd5.
Opps, Boris I didn't think the first answer went thru, so I answered it again. The list price to sold price ratio is about 96% for the entire MLS. Mind you that is somewhat deceptive. If a house is listed at $150,000, then the price is reduced to $140,000. Then it sells at $140,000. The list/sold ratio is 100%. But it really isn't. I hope that made sense.
The housing market in San Angelo is good. There are currently 785 homes for sale. We have not experienced the profound problems that some parts of the country have. Having said that, we are not in the midst of the seller's market of 2006 and 2007. There is more of a balance between buyers and sellers. Still there has been a softening of prices: fewer mulitiple offers situations, etc. I see that you are located in Hawaii. My guess is that you are about to PCS here. Let me know how I can help. Look on website, scottalexanderhomes.com and get a view of the market. I work with a number of military families, as I am the product of one, and have an active duty son. So I know the drill. All of my contact information is on my website. I look forward to hearing from you. Scott
The market in San Angelo is good. We are not experiencing the problems that other parts of the country face. However, having said that, we are not in the "seller's market of 2006 and 2007. Prices have flattened out a bit as there is less demand. The fundamentals of our market are sound. Currently there are 785 houses on the market. I gather from your locale, Hawaii, that you are going to PCS to San Angelo in the near future. Please look on my website, scottalexanderhomes.com. You will be able to look at everything for sale in SA. Let me know if I can be of any help. Scott
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