Amelia

The transaction over the last 6 months have been driven by appraised value. In the beginning of this, we were still collecting data from the higher end sales, because that is what was available. Now mixing in the lower sales, documenting appraised value is changing. We have seen an increase in activity that may initiate a stabilizatiion in the market, however it will take some time before anyone could say it has reached the floor. Finding the house that fits and making sure it is a financially secure investment is still a difficult process even with the current inventory we have here. Keeping an open mind to research the possibilities is important to reaching your housing goals. - Fri Oct 30 2009, 10:09