WoW! What a month! May was an extremely busy month for me and many agents in my area. Three of my listings had multiple offers.. I never thought I'd see this again.
It just proves a point.. 80% of the homes on the market are priced out of the market 20% will sell in a timely manner. There are homes IN the market.. then there are homes that are just ON the market.
Buyers appreciate homes in great condition, nicely located real estate that is priced fair.
The $8000.00 tax credit with great interest rates for buyers has also helped. Higher end homes do not seem to be moving as quickly.
Stay tuned for the May 2009 Market reports which I will post this week for Assonet, Berkley, Taunton, Rehoboth, and Somerset.
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Lori Lincoln is a Realtor serving Bristol County Massachusetts and surrounding cities and towns. Lori Lincoln consult and educates her clients, helping them achieve their home buying and selling goals.
You Can Reach Lori at 508-878-0917 or emal lorilincoln@kw.com
http://LincolnTeamRealEstate.com
Keller Williams Realty
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Lori - our low end market is really going well - townhomes and condos are really dropping in price, tough on the sellers who have to compete with the foreclosures - many can't.
We actually have a shortage of homes under 200K, though. Nice to be busy.