Monday, October 12, 2009

Update on the Local Real estate Activity



The above graph is from March 15th to September 20, 2009.

These are the number of showings per week, of our Coldwell Banker office listings. Note how they have been on an upward trend.

Real estate activity has been picking up.


We have personally, in 2009, passed our sales for 2008.

The $8000 tax credit has helped and buyers know that home prices are very affordable.


From Aol Finance:

"The housing recovery is one bright spot in our economic recovery. Forecasters expect 2010 to be the first year since 2005 that the housing sector will contribute to overall growth. Home prices are expected to rise 2 percent in 2010."

Let's hope that applies to our local market!