Prices have started to correct (waaaay past time in my opinion). Offers are getting accepted, and there is a general increase in "true" seller motivation in some circumstances. Add in the extension of the First Time Home Buyer credit which was expanded to include some "NOT" FTHBs (*Click for Details), and things are much improved here in our industry.
2009 is closing out, and it seems to be propped up for a high at the end. Still too many vacant homes and still too many overpriced properties in the mix to be anywhere near a healthy market. But homes are finally getting contracts and many are actually closing.
Note: Virtually all of the sales reported recently have been at prices significantly below asking price. It is a great time to buy...... More to come..
Links to examples of possibly very good value properties are below:
Search all of the Area Listings - All property types
Link to This Listing
Another Good Example of Potential Huge Value and long term appreciation. I won't get into the story (don't want to have anyone crying)< but this is an example of big losses on big losses and now ultra motivated. (A property investment of over $200K and a "fire type sale" listing price of of $84,000. (Link below photo)
