April Showers Bring May Flowers AND Home Sales???

April15

The latest market statistics for March 2009 are out and do we see a glimmer of hope?  Notice as compared to last year sales are down and prices are down (no big news there).  But, comparing month to month for 2009, home sales were up as well as pending sales!  Also, new listings increased.  That, of course, is typical for Spring-time.  Housing inventory dropped to the lowest point since October 2008.  I believe the $8000 first-time homebuyer credit for both 1st-time buyers and those not having owned a home in three years (see my earlier blog on FAQ’s regarding the First-Time Home Buyer Credit) has contributed to this upswing, as well as short-sales and foreclosed properties reaching that “sweet spot” in the pricing continuum!!

Click here for the market stats:  http://www.rmlsweb.com/temp%2Fdocuments%2F1500-1699%20Market%20Action%20and%20Statistics%20Menu%2F1503%20Market%20Action%20-%20March%202009%2FPortland%20Market%20Action.pdf

About the Author | Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 25+ years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!

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