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My Assistant, Matt, Tells Me He Believes Our Real Estate Market Is Picking Up!

By
Real Estate Agent with ERA Realty Center

Matt came into my office today excited that we were getting multiple-offers on some of our listings.  He said he believes the market really may have turned upward.  I believe he is right, but it is too soon to be sure.  A local appraiser did announce recently that homes under $160,000 in our market only had a 6 month supply.  He predicted a possible future shortage in that range.  We certainly are experiencing more closings, more offers and multiple-offers on the lower price range homes.  I recommend that buyers select their homes now.  I'd love to hear what other realtors are experienceing in thieir markets.  Could I have some input?

Please call Janet's team at ERA Realty Center at 435-865-1019 or 800-934-3742 for help with all your real estate needs whether buying or selling or email naisbitt@infowest .com.  Check out the foreclosures, short sales, new construction and other bargains for sale at www.homesincedarcity.com by clicking on search MLS.  Then I can show you every home!

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Janet Naisbitt-Bagley
ERA Realty Center - Cedar City, UT

Home prives above $300,000 are still dropping rapidly in our area.  What about yours? 

Mar 09, 2010 02:58 PM
Janet Naisbitt-Bagley
ERA Realty Center - Cedar City, UT

Home prives above $300,000 are still dropping rapidly in our area.  What about yours? 

Mar 09, 2010 02:58 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Home prices are still dropping in my area... with the New FHA Guidelines coming out on April 5th... I think that is going to put a real pinch on things but I'll cross my fingers!! 

Yes I agree Janet... Yikes for my area too!  Prices are experiencing the downward pressure!

Thanks,

Tom Davis

Mar 09, 2010 03:23 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Janet,

this is what I am saying. It is obviously busier, but whether this is a seasonal fluke or a trend - not sure yet

Mar 09, 2010 03:41 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Our lower end properties are disappearing and I have gotten several multiple offer's on different listings.  It looks good and sounds good too!

Mar 10, 2010 09:39 AM