gainesville market statistics: Gainesville Area Condo/Townhome Sales Trends - 12/29/09 10:36 PM
Gainesville Area Condo/Townhome Sales Trends
So.....how is the Gainesville area condo/townhome market doing? Similar to the single-family home sales trends in Gainesville, Gainesville area condo/townhome sales were better in 2007 than they were in 2008, and were better in 2008 than they were in 2009. Although there seems to be some move towards stabilization, downward pressure on pricing remains a mitigating factor for this market segment, in large part due to the excessive inventory.
As of December 30, 2009, there are 660 townhomes/condos available for sale in the Gainesville area, which represents 24 months of inventory.
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gainesville market statistics: The Savvy Homebuyer's and Homeseller's Guide to Gainesville Real Estate - 06/26/09 03:31 PM
The Savvy Homebuyer's and Homeseller's Guide to Gainesville Real Estate
So, you've decided to buy a home in Gainesville. First off, CONGRATULATIONS!! Investing in real estate -- over the long term -- is one of the surest ways to increase your wealth.
Besides the most important things to consider when choosing your home....location, amenities, school district, distance to work, etc.....what other factors should you take into consideration?
One of the factors often overlooked in a homebuyer's decision-making process is the absorption rate, which is the numerical representation of the supply of homes vs. the demand for homes in any specific … (2 comments)
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