So much for waiting for the market to bottom. Many home buyers believe that the bottom is NOW. Timing the bottom isn't even mentioned anymore! Sellers who couldn't sell last year are now realizing that yes, they can sell their home.
and the proof is in the homes under agreement and the activitiy that many agents are seeing.
So now.. They know that YES it really is time to buy. With interest rates in the 4-5% range. Low Prices, and of course the first time buyers tax credit..(I'm jealous!).
Forclosure inventory has substantially declined, while inventory is lower than last year at this time. And of course prices are where they were in 2002.
I also noticed this Taunton- ( this is unbelievable, but it came from Broker Metrics Report)
..Average Market Time in Taunton 5 months- (from March Data) . February's Average Market Time was 10 months.
For more information about your area, contact Lori Lincoln at Keller Williams Realty.
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Lori Lincoln is an educated consultant who cares about her clients needs first. She understands the market and knows how to help her clients get what they need and want. Call her today!
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