I would say it is definitely busier this year compared to 2009.
At this point in my area, market is strong. However, there are less homes on the market so there are more factors to consider. I think it will continue strong because we are so much more affordable.
I do wonder if FHA raises the percentage down, how will that effect the home buying? I see that having the biggest possible effect in regards to what is happening now. I do not think the first time home buyer credit will have as big of an effect as raising the percentage down. Who knows...
I just always stay on top of whatever is happening in the moment. Interesting change here, I am starting to see homes priced above comps where as last year most homes were priced below comps. Never ending!!!! I just have to say list price, these days has so little value!
The extended and expanded Tax Credit is now kicking in and we expect the momentum to pick up as we get closer to the UC deadline of April 30. We are beginnning to see multiple offers on well priced inventory in our most desirable communities.
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I have seen increased sales in several areas in/around Indianapolis. I
was just comparing 2009 to 2010 sales during the period January 1 -
March 7. Extra good news - price per square foot was up this year over
I haven't checked out all the neighorhoods ... whew ... I hope people who are confident of their employment,
are beginning to move forward with their lives, including buying and selling homes. I hope that's why stats
are looking better here.
I hope the market is looking up in Pittsford and elsewhere.