Home Selling in Taos>Question Details

, Home Seller in West New York, NJ

Market Conditions for Taos, New Mexico

Asked by , West New York, NJ Fri Nov 4, 2011

Help the community by answering this question:

Answers

2
Good Afternoon,,,,Well Prices are up 4.5% This year Invenories are improving (Declining) about a 10 Percent reduction in the number of Avaialbe Homes for sale,,However Short sales continue to Drive the market amounting to 30-40 Percent of the market which is holding home values down,,Foreclosure are at a minimum due to the Loan Mod Programs and Short Sales activiy which has become the New Foreclosure,,Hope thats helpful,,
1 vote Thank Flag Link Fri Nov 4, 2011
Your experienced local Real Estate Agent can provide this information for you.
0 votes Thank Flag Link Fri Nov 4, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer